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2004 SESSION

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HB 1019 Homeowners insurance; policy nonrenewals for claims from other than natural causes.

Introduced by: James H. Dillard, II | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Homeowners insurance; grounds for nonrenewals. Prohibits an insurer or agent from refusing to renew a homeowner's insurance policy solely because of a claim resulting primarily from other than natural causes, unless the claim is related to a substantial increase in the risk of loss that the insurer assumed under the policy. Currently, an insurer may not refuse to renew a policy due to claims resulting primarily from natural causes, but may do so for claims resulting primarily from any other cause.


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