HI SB356

Requires homeowners insurers to affix or include a written statement in policies disclosing natural disaster perils not covered by the named insured's policy.

Mandates insurers provide oral disclosure to the named insured regarding natural disaster perils excluded from coverage.

Defines "natural disaster perils" to include damage from floods, hurricanes, tidal waves, volcanic eruptions, and earth movement such as earthquakes, shockwaves, sinkholes, landslides, and mudflows.

Applies to all homeowners insurance policies delivered or issued for delivery in Hawaii on or after July 1, 2019.

Does not prohibit insurers from offering endorsements that specifically assume coverage for named perils to real or personal property.