HB250 Alabama 2010 Session

Updated Jul 26, 2021

Summary

Primary Sponsor: Victor Gaston
Republican
Co-Sponsors: Harry Shiver Joe Faust Alan Baker Steve McMillan
Session: Regular Session 2010
Title: Homeowners insurance, all policies for primary residences required to be all-risk with premium rates not more than 100 percent different per thousand sold
Description: Under existing law, the cost of basic homeowners insurance varies throughout the state.
This bill would require homeowners insurance coverage for primary residences located throughout the state to be all-risk and sold at not more than 100 percent difference in premium rate per thousand sold.
Subjects: Insurance

Read for the first time and referred to the House of Representatives committee on Banking and Insurance