IL HB5357

Insurance companies must provide applicants with information about sewer backup and sump pump overflow coverage availability, including coverage limits and costs, in response to all homeowners insurance applications.

Insurance companies must notify policyholders of their existing sewer backup and sump pump overflow coverage and available coverage options at least 30 days prior to each homeowners insurance policy renewal.

The notice requirements must include information about coverage limits and costs for sewer backup and sump pump overflow losses.

Amends the Illinois Insurance Code by adding Section 143.21d regarding homeowners insurance disclosure requirements.