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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-75-70 SO AS TO REQUIRE AN INSURER DOING BUSINESS IN THIS STATE WHO ISSUES A POLICY COVERING PROPERTY TO GIVE A DISCOUNT TO A POLICY HOLDER WHO INSTALLS AND MAINTAINS OPERABLE STORM SHUTTERS ON THE INSURED PROPERTY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 75, Title 38 of the 1976 Code is amended by adding:
"Section 38-75-70. An insurer doing business in this State who issues a policy covering property shall give a discount to an insured who installs and maintains operable storm shutters on the insured property."
SECTION 2. This act takes effect upon approval by the Governor.
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