MO SB1543

Prohibits insurers from refusing to issue, cancel, or nonrenew homeowner's policies solely based on roof age for roofs less than 15 years old, and requires insurers to allow inspections for roofs 15+ years old before mandating replacement

Creates the "Missouri Disaster Mediation Act" establishing a free, voluntary alternative dispute resolution program for residential property insurance claims following declared disasters, with mediation costs paid by insurers

Establishes the "Missouri Stronger Homes Program" providing grants up to $15,000 to homeowners for retrofitting homes to IBHS FORTIFIED standards to resist tornado, windstorm, and hail damage

Transfers $12 million from the insurance dedicated fund to the Missouri Stronger Homes Fund on July 1, 2027, plus up to $2 million annually from 2028-2037, with the program expiring June 30, 2038

Requires insurers to offer actuarially justified premium discounts for homes meeting FORTIFIED Home High Wind and Hail Standards, and prohibits assignment of post-loss insurance benefits under policies issued after January 1, 2027