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IN SB0276
Bill
Status
Introduced
1/8/2013
Primary Sponsor
Richard Young
Click for details
AI Summary
Senate Bill 276 Summary
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Prohibits insurers from refusing to issue or deliver residential insurance policies solely because multiple claims have been filed for acts of God damage to the property.
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Prohibits insurers from canceling or refusing to renew residential insurance policies solely because multiple claims have been filed under the policy for acts of God damage.
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Applies to policies covering first-party property loss in Indiana for residential properties with no more than four units (where one is the insured's principal residence) or personal property used for residential purposes.
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Effective July 1, 2013.
Legislative Description
Residential insurance.
Last Action
First reading: referred to Committee on Insurance
1/8/2013
Committee Referrals
Insurance1/8/2013
Full Bill Text
No bill text available