MS HB783

Requires the Commissioner of Insurance to establish a "Mississippi Homeowners Insurance Policyholder Bill of Rights" covering renters/tenants and mobile home/manufactured housing property coverage, including provisions on claim processing timeframes and non-discriminatory treatment of policyholders.

Mandates that insurers provide 30 days written notice before implementing premium increases of 10% or more on homeowners policies, or the policy renews at the same rate and coverage.

Shifts burden of proof to insurers in civil actions under all-risk or all-perils homeowners policies, requiring insurers to prove by preponderance of evidence that policy exclusions or coverage exceptions apply to the cause of action; applies to actions filed on or after July 1, 2011.

Requires automobile liability insurers to provide written notice at the time coverage is obtained (but not renewal) that uninsured motorist limits may be increased up to bodily injury liability coverage limits, with the insured's signature and date required and retained with the application.

Becomes effective July 1, 2011.