South Carolina General Assembly
109th Session, 1991-1992

Bill 3056

Indicates Matter Stricken
Indicates New Matter 

                    Current Status

Introducing Body:               House
Bill Number:                    3056
Primary Sponsor:                Harvin
Committee Number:               26
Type of Legislation:            GB
Subject:                        Homeowner's insurance
Residing Body:                  House
Current Committee:              Labor, Commerce and Industry
Computer Document Number:       3056
Introduced Date:                Jan 08, 1991
Last History Body:              House
Last History Date:              Jan 08, 1991
Last History Type:              Introduced and read first time,
                                referred to Committee
Scope of Legislation:           Statewide
All Sponsors:                   Harvin
Type of Legislation:            General Bill
History


 Bill  Body    Date          Action Description              CMN
 ----  ------  ------------  ------------------------------  ---
 3056  House   Jan 08, 1991  Introduced and read first       26
                             time, referred to Committee
 3056  House   Dec 12, 1990  Prefiled, referred to           26
                             Committee
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO REQUIRE INSURERS WHO OFFER OR PROVIDE HOMEOWNER'S INSURANCE TO OFFER, AS A PART OF THE CONTRACT OR POLICY OF HOMEOWNER'S INSURANCE, COVERAGE FOR AND PROTECTION AGAINST THE PERILS OF FLOOD, EARTHQUAKE, AND HAIL.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Every insurer licensed to transact business in this State who offers or provides homeowner's protection insurance shall offer to the insured or the prospective insured, as a part of the contract or policy of homeowner's insurance, coverage for and protection against the perils of flood, earthquake, and hail. Coverage for and protection against floods or flooding specifically includes damage caused by tidal surges resulting from hurricanes, other storms, or wind. The insured or the prospective insured shall indicate in writing whether he wants his contract or policy of homeowner's insurance to include coverage for and protection against the perils of flood, earthquake, and hail, or any of them, or none of them.

SECTION 2. This act applies to all existing contracts or policies of homeowner's insurance at the time they are renewed upon or after the effective date of this act, as well as to all new policies or contracts of homeowner's insurance issued or entered into upon or after the effective date of this act.

SECTION 3. This act takes effect upon approval by the Governor.

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