SB 897 Summary

• Requires insurers to provide advance payments for living expenses (minimum 4 months) and contents claims (minimum 25% of policy limit) for total losses during declared state emergencies without requiring full itemized inventories.

• Allows insureds to submit contents inventories in any reasonable form and permits grouping of items by category rather than itemizing each individual item.

• Mandates insurers offer at least 80% of the contents policy limit without requiring an itemized claim, while allowing insureds to file complete inventories later for additional benefits.

• Establishes a 30-day grace period on premium payments for policies in declared state of emergency areas; insurers must reinstate canceled policies without lapse in coverage or late fees upon timely payment of all premiums due.

• Expands additional living expense coverage to include all reasonable expenses necessary to maintain a comparable standard of living, including housing, furniture rental, food, transportation, storage, and pet boarding.