MN SF981

Prohibits insurers from refusing to renew, declining to offer, or writing homeowner's insurance coverage solely because the property houses day care services for five or fewer children.

Prevents insurers from refusing renewal, declining coverage, reducing limits, canceling, or charging higher rates for homeowner's policies if the day care provider maintains a separate business coverage policy and operates within licensing capacity.

Specifies that homeowner's policies provide no coverage for day care operation losses if the business coverage policy lapses or is no longer in force.

Effective January 1, 2021, for policies issued, sold, or renewed on or after that date.