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HB 809: Personal Lines Residential Property Insurance

GENERAL BILL by Garcia ; (CO-INTRODUCERS) Redondo

Personal Lines Residential Property Insurance; Requires insurer to offer policy that provides coverage limit on dwelling equal to unpaid principal balance of all mortgage loans on risk; requires insurer issuing such policy to obtain certain signed statement; specifies language for such statement; prohibits personal lines residential property insurer from requiring coverage limit that includes value of land upon which dwelling sits.

Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    12/8/2023 House • Filed
    12/27/2023 House • Referred to Insurance & Banking Subcommittee
    • Referred to State Administration & Technology Appropriations Subcommittee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
    1/9/2024 House • 1st Reading (Original Filed Version)
    3/8/2024 House • Died in Insurance & Banking Subcommittee

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  • HB 809, Original Filed Version (Current Bill Version) Posted 12/8/2023 at 3:56 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1070 Personal Lines Residential Property Insurance Garcia Identical Last Action: 3/8/2024 S Died in Banking and Insurance

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    627.70122 Page 1 (pdf)

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