Bill Summary

HB 1541 Property Insurance Policies (2025 Session)
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Sponsors
by Cross
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Summary
Property Insurance Policies: Specifies that certain provisions relating to homeowners' policies, offers of replacement cost coverage, & offers of law & ordinance coverage do not prohibit insurers from providing specified property insurance policies by including roof covering reimbursement schedules; provides requirements for roof covering reimbursement schedules; specifies that certain provisions relating to homeowners' policies, offers of replacement cost coverage, & offers of law & ordinance coverage do not prohibit insurers from providing specified property insurance policies by offering roof reimbursement on basis of replacement costs; specifies that certain provisions relating to homeowners' policies, offers of replacement cost coverage, & offers of law & ordinance coverage do not prohibit insurers from providing coverage on specified property insurance policies for roof that is limited to certain value; provides that stated value sublimit of coverage may not be applied to roof in certain circumstances. Effective Date: July 1, 2025
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committees of reference
» H Insurance & Banking Subcommittee
   H Commerce Committee
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Actions
02/28/25
HOUSE 
Filed
03/05/25
HOUSE 
Referred to Insurance & Banking Subcommittee; Commerce Committee
03/05/25
HOUSE 
Now in Insurance & Banking Subcommittee
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bill text & filed amendments
1541
Filed on 02/28/25
PDF
No amendments to this bill text filed.
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Statute Citations
627.7011
Research & Reports
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