MN HF2249

Prohibits boat insurance policies and personal umbrella policies from excluding coverage based solely on the injured person being a household member or related to the insured by blood or marriage.

Voids any policy definition of "insured" that excludes household residents or blood/marriage relatives, declaring such exclusions against public policy.

Permits exclusions for damages resulting from fraud, intentional or criminal conduct, and other exclusions allowed by law.

Requires insurance companies seeking premium increases due to this law to obtain approval from the commissioner of commerce, who must approve requests supported by actuarial and claim data.

Takes effect the day following final enactment and applies to all policies in effect on or after that date; no endorsement or rider needed for compliance.