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H. 4733
STATUS INFORMATION
General Bill
Sponsors: Reps. Caskey, Burns, Wooten, Robinson, Clyburn, McCravy, Hosey, Oremus and Pendarvis
Document Path: l:\council\bills\jn\3127cz20.docx
Introduced in the House on January 14, 2020
Currently residing in the House Committee on Labor, Commerce and Industry
Summary: Nonrenewal of homeowners insurance
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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11/20/2019 House Prefiled
11/20/2019 House Referred to Committee on Labor, Commerce and Industry
1/14/2020 House Introduced and read first time (House Journal-page 83)
1/14/2020 House Referred to Committee on Labor, Commerce and Industry
(House Journal-page 83)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND SECTION 38-75-790, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE NONRENEWAL OF A HOMEOWNERS INSURANCE POLICY, SO AS TO PROHIBIT AN INSURER FROM RAISING THE RATES OF A HOMEOWNERS INSURANCE POLICY DUE TO A CLAIM FOR DAMAGES RESULTING FROM THE FAULT OF SOMEONE OTHER THAN THE INSURED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-75-790 of the 1976 Code is amended to read:
"Section 38-75-790. (A) No insurer may nonrenew refuse to renew a policy of homeowners insurance because the insured has filed a claim with that insurer for damages resulting from an act of God.
(B) No insurer may refuse to renew a policy of homeowners insurance or increase the premium on a policy of homeowners insurance because the insured has filed a claim with that insurer for damages resulting from an act of a party other than the insured."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
January 16, 2020 at 2:13 PM