SB 1070: Personal Lines Residential Property Insurance
GENERAL BILL by Garcia
Personal Lines Residential Property Insurance; Requiring an insurer, before issuing a personal lines residential property insurance policy, to offer a policy that provides a coverage limit on the dwelling equal to the unpaid principal balance of all mortgage loans on the risk; prohibiting a personal lines residential property insurer from requiring a coverage limit that includes the value of the land upon which the dwelling sits, etc.
Effective Date: 7/1/2024
Last Action: 3/8/2024 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 3/8/2024 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Appropriations Committee on Agriculture, Environment, and General Government (AEG)
- Fiscal Policy (FP)
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Bill History
Date Chamber Action 12/27/2023 Senate • Filed
1/4/2024 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
1/9/2024 Senate • Introduced
3/8/2024 Senate • Died in Banking and Insurance
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SB 1070, Original Filed Version (Current Bill Version) Posted 12/27/2023 at 9:29 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 809 Personal Lines Residential Property Insurance Garcia Identical Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee 
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 627.70122 Page 1 (pdf)