H.F. 2300 Summary

• Requires insurers to provide premium discounts or insurance rate reductions for residential properties certified as meeting Fortified for Safe Living Standards (FFSLS) or Fortified Commercial Standard (FCS) by the Institute for Business and Home Safety (IBHS).

• Mandates insurers offer premium discounts or rate reductions for existing homes retrofitted to Fortified Home: Highwind and Hail Standards (FHWH) to resist loss from catastrophic windstorm events.

• Requires insurers to offer fortified roof endorsement upgrades when homeowners have roof damage covered by policy, applicable to new policies and first renewals starting January 1, 2026.

• Establishes the Strengthen Minnesota Homes program and a separate account in the special revenue fund to provide grants for retrofitting residential properties to resist common perils including tornadoes and catastrophic windstorms.

• Sets eligibility requirements for applicants, contractors, and evaluators; requires IBHS certification; mandates first-come, first-served grant distribution; and authorizes the Commissioner of Commerce to adopt administrative rules.