Bill Summary

HB 809 Personal Lines Residential Property Insurance (2024 Session)
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Sponsors
by Garcia (A) Co Sponsors: Redondo
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Summary
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: July 1, 2024
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committees of reference
» H Insurance & Banking Subcommittee
   H State Administration & Technology Appropriations Subcommittee
   H Commerce Committee
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Actions
12/08/23
HOUSE 
Filed
12/27/23
HOUSE 
Referred to Insurance & Banking Subcommittee; State Administration & Technology Appropriations Subcommittee; Commerce Committee
12/27/23
HOUSE 
Now in Insurance & Banking Subcommittee
03/08/24
HOUSE 
Died in Insurance & Banking Subcommittee
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bill text & filed amendments
0809
Filed on 12/08/23
PDF
No amendments to this bill text filed.
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Statute Citations
627.70122
Research & Reports
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