HB 775
Homeowner's Insurance Premium Reductions
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Homeowner's Insurance Premium Reductions; Requires premium reductions to be applied to homeowners who maintain certain claim-free periods; provides requirements for such premium reductions; provides that homeowners who file major storm claims remain eligible for premium reductions; requires OIR to determine premium reduction schedules for such homeowners; prohibits homeowners' insurers from treating major storm claims as certain other claims; requires homeowners' premium reductions for mitigation upgrades.
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