SB231 Alabama 2012 Session
Summary
- Primary Sponsor
-
Ben H. BrooksRepublican - Session
- Regular Session 2012
- Title
- Property insurers, commercial and residential, disclosure of discounts for construction or improvements to property to withstand windstorm damage
- Description
This bill would require property insurers to clearly notify their insureds at the application process and at renewal of the range of premium discounts, credits, differentials, reduced deductibles, or other policy savings available on properties having fixtures or construction techniques demonstrated to help reduce windstorm damage.
Insurers of commercial properties would be required to notify applicants and policyholders that a premium reduction may be available if steps have been taken to reduce windstorm damage, and to contact the agent for further information.
- Subjects
- Insurance
Bill Actions
Indefinitely Postponed
Brooks B.I.R., Lost
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Banking and Insurance
Bill Text
Documents
Source: Alabama Legislature