General Assembly Proposed Bill No. 5593
January Session, 2015 LCO No. 1106
*01106*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. REBIMBAS, 70th Dist.
General Assembly
Proposed Bill No. 5593
January Session, 2015
LCO No. 1106
*01106*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. REBIMBAS, 70th Dist.
AN ACT CONCERNING THE PAYMENT OF ADDITIONAL LIVING EXPENSES TO INSUREDS WHO SUFFER PROPERTY LOSSES COVERED UNDER A HOMEOWNERS INSURANCE POLICY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That title 38a of the general statutes be amended to require insurers that deliver, issue for delivery, renew, amend or endorse homeowners insurance policies in this state to pay an insured, whose insured property is uninhabitable as a result of a covered loss, the full amount of any additional living expense or loss of use coverage under the policy until such coverage is exhausted or thirty days after the insured receives a certificate of occupancy for the insured property, whichever is earlier, unless the insurer determines the claim is fraudulent.
Statement of Purpose:
To require insurers that deliver, issue for delivery, renew, amend or endorse homeowners insurance policies in this state to pay the full amount of additional living expense or loss of use coverage.