Loading chat...
AL HB279
Bill
Status
3/8/2018
Primary Sponsor
Randy Davis
Click for details
AI Summary
-
Amends Alabama Code Sections 27-31D-1 and 27-31D-2 to modify insurance premium discount requirements for properties meeting wind-resistant construction standards.
-
Eliminates the requirement for insurance customers with properties certified as meeting Institute for Business and Home Safety (IBHS) standards to submit copies of construction records to insurers.
-
Requires property owners with IBHS certification to instead submit evidence of certification documentation to qualify for premium discounts on wind coverage.
-
Maintains existing requirements for properties certified to other building code standards (such as the 2006 International Residential Code) to continue submitting construction records, receipts, and local building official records.
-
Takes effect immediately upon passage and approval by the Governor.
Legislative Description
Insurance contracts, homeowners, discounts for wind mitigation, evidence of certification in lieu of construction records, Secs. 27-31D-1, 27-31D-2 am'd.
Insurance
Last Action
Delivered to Governor at 4:32 p.m. on March 8, 2018.
3/8/2018