AN ACT TO AMEND TITLE 25 OF THE DELAWARE CODE RELATING TO RENTERS INSURANCE.

153rd General Assembly (2025-2026) Introduced by Frank Cooke and 2 co-sponsors

HB 467 clarifies and/or expands renters insurance requirements for Delaware residential tenancies, affecting disclosures, coverage standards, and proof of insurance for tenants and

Assigned to Banking, Business, Insurance & Technology Committee in Senate

Bill Summary: HB 467 (Session 153, Delaware)

Purpose and Intent

HB 467 seeks to amend Title 25 of the Delaware Code to address renters insurance. The bill is intended to clarify, modify, or expand provisions related to renters insurance requirements, protections, or practices within rental housing contexts. The exact statutory language is not provided here, but the bill’s subject focuses on renters insurance within residential tenancies.

Key Provisions and Changes (astypically addressed in renters insurance amendments)

Note: The precise text of HB 467 is not included in this summary. Based on the bill’s title and typical legislative approaches, potential areas of change may include:
- Requirements for landlords or property managers regarding renters insurance disclosure to tenants.
- Clarifications of tenants’ responsibilities to maintain renters insurance as a condition of tenancy.
- Standards for what constitutes acceptable renters insurance (coverage minimums, named insured, etc.).
- Procedures for handling tenant noncompliance or breach related to proof of insurance.
- Protections or remedies for tenants who are unable to obtain renters insurance due to affordability or access issues.
- Interaction with landlords’ property insurance, waivers, or indemnity provisions.
- Enforcement mechanisms and penalties for violations.
- Transitional provisions or timelines for implementing new requirements.
- Any explicit exemptions (e.g., certain subsidized housing, short-term rentals, or units governed by specific programs).

Who Will Be Affected

Tenants: Individuals renting residential units under lease agreements governed by Delaware law.

Landlords and Property Managers: Entities responsible for enforcing lease terms and managing property insurance requirements.

Property Owners in subsidized or specific housing programs, if applicable, depending on the bill’s final text.

Insurance Providers: Entities offering renters insurance products and potentially affected by changes to requirements or disclosure rules.

Procedural and Timeline Aspects

Action History: Introduced and assigned to the Housing Committee in the House on June 9, 2026.

Sponsor Information: Co-sponsors include Frank Cooke and Kerri Harris.

Next steps (if applicable in the legislative process): The bill would typically undergo committee review, potential amendments, and floor votes in the House before moving to the Senate, with further committee consideration and potential enactment into law.

Potential Impacts and Considerations

Tenant Protections: If the bill strengthens disclosures, affordability considerations, or access to renters insurance, it could improve tenant security and financial planning.

Landlord Obligations: Changes may require updated lease forms, documentation procedures, and compliance processes for proof of insurance.

Market Implications: Changes to requirements could influence demand for renters insurance products and premium levels, particularly for new tenants.

Implementation: Depending on effective dates, there may be a practical transition period for landlords, tenants, and insurers to comply.

If you have access to the bill’s full text, I can provide a more precise summary of each statutory provision, including specific minimum coverage amounts, required disclosures, enforcement mechanisms, and any enacted timelines.