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HB 489: Property Insurance Assignment Agreements

GENERAL BILL by Hart

Property Insurance Assignment Agreements; Authorizes insured & repair company to enter into assignment agreement for post-loss benefits to repair, replace, protect, & mitigate damaged property; requires notice of intent to initiate litigation & award of attorney fees for claims under assignment agreement; requires public information campaign; prohibits insurance policies from prohibiting assignment of post-loss benefits.

Effective Date: 7/1/2019
Last Action: 1/30/2019 House - Withdrawn prior to introduction, companion bill(s) passed, see CS/CS/HB 7065 (Ch. 2019-57) -HJ 61
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    1/22/2019 House • Filed
    1/30/2019 House • Withdrawn prior to introduction, companion bill(s) passed, see CS/CS/HB 7065 (Ch. 2019-57) -HJ 61

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  • HB 489, Original Filed Version (Current Bill Version) Posted 1/22/2019 at 1:07 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 359 Assignment of Property Insurance Benefits Fernandez Compare Last Action: 5/3/2019 H Died in Civil Justice Subcommittee, companion bill(s) passed, see CS/CS/HB 7065 (Ch. 2019-57)
    H 7065 (er) Insurance Assignment Agreements Civil Justice Subcommittee Compare Last Action: 5/23/2019 Chapter No. 2019-57
    S 122 (c3) Insurance Assignment Agreements Broxson Compare Last Action: 4/23/2019 S Laid on Table, companion bill(s) passed, see CS/CS/HB 7065 (Ch. 2019-57) -SJ 412
    S 904 Assignment of Property Insurance Benefits Rader Compare Last Action: 5/3/2019 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/HB 7065 (Ch. 2019-57)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.422 Assignment of policies. Page 10 (pdf)
    627.7152 Page 2 (pdf)

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