HB 1541: Property Insurance Policies
GENERAL BILL by Cross
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.
Last Action: 3/5/2025 House - Now in Insurance & Banking Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/28/2025 | House |
• Filed |
| 3/4/2025 | House |
• 1st Reading (Original Filed Version) |
| 3/5/2025 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
