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MS HB746

Bill

Official Source

Status

Failed

1/30/2018

Primary Sponsor

Scott DeLano

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Amends Section 83-2-3, Mississippi Code of 1972, to add a new requirement for windstorm deductibles in homeowners' insurance policies.

  • Requires that any deductible providing coverage for windstorm from a named storm event shall be a cumulative deductible for all named storms occurring within the same calendar year.

  • Takes effect July 1, 2018.

Legislative Description

Windstorm insurance; require cumulative deductible for named storms occurring in same calendar year.

Last Action

Died In Committee

1/30/2018

Committee Referrals

Insurance1/11/2018

Full Bill Text

No bill text available