HB 2929
Insurance; homeowner's policy; terminations; premium; renewal; underwriting; at-fault motor vehicle claims; effective date.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill addresses how homeowner’s insurance policies are handled in Oklahoma, particularly regarding terminations, premium adjustments, and renewal processes. It focuses on situations where an at-fault motor vehicle claim has been filed, aiming to clarify the insurer’s obligations and potential premium impacts. The bill also includes provisions related to underwriting standards for these policies and establishes an effective date for the changes.
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Cosponsors
Remove Representative Tedford as principal House author and substitute with Representative Norwood Add as coauthor Representative Tedford Add as principal Senate author Senator Haste
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