HI SB1423

Requires insurers offering flood insurance in Hawaii to provide coverage to properties outside designated flood zones under the same terms and conditions as properties inside flood zones, if the outside property has experienced at least one documented flood.

Documented flood triggering eligibility must have caused damages of at least a specified amount (dollar amount not filled in) to real or personal property, resulted from a natural event, and had damages exacerbated by natural or man-made geographic, topographical features, or infrastructure not controlled by the property owner.

Permits individuals and insurers to recover damages from any person or entity, including state, county, or federal government departments or agencies, found liable for property damage due to their installation, ownership, maintenance, or control of geographic features or infrastructure.

Takes effect July 1, 2011.