Bill
HB 6815
Overview: HB 6815, AN ACT CONCERNING NOTICE OF TERMINATION FOR HOMEOWNERS AND AUTOMOBILE INSURANCE POLICIES, Referred to Joint Committee on Insurance and Real Estate, Introduced on
Overview: HB 6815, AN ACT CONCERNING NOTICE OF TERMINATION FOR HOMEOWNERS AND AUTOMOBILE INSURANCE POLICIES, Referred to Joint Committee on Insurance and Real Estate, Introduced on January 29, 2025.
Purpose and Intent: The bill aims to enhance consumer protections by requiring insurance companies to provide more advanced notice to policyholders before terminating or non-renewing their homeowners or automobile insurance policies.
Key Provisions:
- Increases the minimum notice period for policy termination or non-renewal from 30 days to 60 days
- Requires insurance companies to provide a detailed explanation for the termination or non-renewal decision
- Allows policyholders to request a hearing with the state insurance commissioner to contest the decision
Affected Parties and Impacts:
- Homeowners and automobile insurance policyholders, who will have more time to find alternative coverage
- Insurance companies, which will need to adjust their notification processes and potentially face increased scrutiny from the state insurance commissioner
Procedural and Timeline Considerations: The bill has been referred to the Joint Committee on Insurance and Real Estate for further consideration. If passed, the new notice requirements would take effect for all policy terminations or non-renewals occurring after the effective date.
Compiled from official sources — confirm details with the bill’s official record.
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