This bill would recognize and clarify that, under existing law, self-service storage facilities are not engaged in the transaction of insurance business when they provide certain coverages for personal property in connection with and incidental to the rental of storage space in a self-service storage facility.
This bill would provide for a limited license as an insurance agent for a self-service storage facility authorizing the sale of insurance related to the rental of storage space at a self-service storage facility.
Delivered to Governor at 10:17 a.m. on March 22, 2018.
Assigned Act No. 2018-455.
Clerk of the House Certification
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 952
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development
Motion to Read a Third Time and Pass adopted Roll Call 532
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Insurance
Source: Alabama Legislature