HI HB2052

Prohibits private insurers offering property insurance in Hawaii from refusing to issue or failing to renew homeowner's insurance policies solely because the property is located in a lava-flow hazard zone.

Allows insurers to set property insurance rates based on the risk associated with lava-flow hazard zones, provided they do not deny coverage outright.

Defines "lava-flow hazard zone" as land categories based on potential lava flow hazard as determined by the latest United States Geological Survey Miscellaneous Field Studies Map MF-2193 or its successor.

Addresses the legislature's findings that homeowners in lava-flow hazard zones face insurance premium increases of up to 400% and that many insurers have left the market, forcing residents to rely on the state-run Hawaii Property Insurance Association as a last resort.

Takes effect upon approval and applies to any property insurance policy issued or renewed in the State on or after January 1, 2025.