Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB16 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 49 (SB 16) 2020 Regular Session	Luneau
Prior law authorized every motor vehicle insurer authorized to transact business in this state
to provide a 25% premium discount on automobile liability insurance purchased in this state
to active military personnel based in the state.
New law provides that except for administering military personnel premium discounts, the
fact that an insured is deployed in the military for a period in excess of six months shall not
be used by the insurer for the classification of risk.
Prior law authorized every homeowner's insurer authorized to transact business in this state
to provide a ten percent premium discount on any homeowner's policy purchased in this state
to cover immovable property owned by active military personnel based in the state.
New law provides that except for administering military personnel premium discounts, the
fact that an insured is deployed in the military for a period in excess of six months shall not
be used by the insurer for the classification of risk.
Effective August 1, 2020.
(Adds R.S. 22:1482(D) and 1482.1(C))