Loading chat...
TN HB1240
Bill
Status
2/6/2025
Primary Sponsor
Esther Helton-Haynes
Click for details
AI Summary
-
Requires insurance companies in Tennessee to provide discounts on homeowners or renters insurance to policyholders who secure firearms in a firearm safe or use firearm safety devices
-
Policyholders must request the discount to receive it; the bill does not require disclosure of firearm ownership or presence
-
Insurance companies must apply the discount on a recurring basis aligned with the billing cycle and include notice about the discount with recurring bills
-
Applies to homeowners or renters insurance policies issued, delivered, entered into, amended, or renewed on or after July 1, 2025
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 56, relative to insurance discounts.
Insurance Companies, Agents, Brokers, Policies
Last Action
Taken off notice for cal in s/c Insurance Subcommittee of Insurance Committee
3/19/2025