MS HB1291

Amends Section 83-34-1 of the Mississippi Code to revise the definition of "essential property insurance" for the Mississippi Windstorm Underwriting Association.

Changes coverage requirement from "actual cash value" to "replacement cost" for any loss to the structure and contents being insured.

Coverage applies to windstorm and hail insurance on real property and contents in the coast area (Hancock, Harrison, Jackson, Pearl River, Stone, and George Counties).

Takes effect July 1, 2017.