HB 22-1111 - Establishes New Insurance Coverage Requirements for Homeowners in the Event of Total Loss Due to Wildfire - Colorado Key Vote
Timeline
- Executive Signed
- June 2, 2022
- House Concurrence Vote Passed
- April 22, 2022
- Senate Bill Passed
- April 20, 2022
- House Bill Passed
- March 16, 2022
- Introduced
- Jan. 21, 2022
Related Issues
Stage Details
Title: Establishes New Insurance Coverage Requirements for Homeowners in the Event of Total Loss Due to Wildfire
Signed by Governor Jared Polis
Title: Establishes New Insurance Coverage Requirements for Homeowners in the Event of Total Loss Due to Wildfire
Vote Smart's Synopsis:
Vote to concur with senate amendments and pass a bill that establishes new insurance coverage requirements for homeowners in the event of total loss due to wildfire.
Highlights:
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Requires homeowners insurance policies to cover losses related to wildfires (Page 2).
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Requires such policies to allow policyholders at least 36 months to submit certain receipts and invoices; authorizes further time extensions (Page 3).
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Requires such policies to “include additional living expense coverage to apply in the event of such a [wildfire] loss” (Page 3).
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Requires such policies to provide additional leeway to policyholders (Page 4).
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Requires such policies to allow policyholders to use claims payments to pay costs of replacement residence (Page 5).
-
Requires insurers to offer policyholders minimum of 65% of limit of contents coverage; no written inventory of contents required (Page 6).
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Requires simplified process for policyholders to submit inventory for personal property losses and expedite reimbursement for such losses (Page 7).
Title: Establishes New Insurance Coverage Requirements for Homeowners in the Event of Total Loss Due to Wildfire
Vote Smart's Synopsis:
Vote to amend and pass a bill that establishes new insurance coverage requirements for homeowners in the event of total loss due to wildfire.
Highlights:
-
Requires homeowners insurance policies to cover losses related to wildfires (Page 2).
-
Requires such policies to allow policyholders at least 36 months to submit certain receipts and invoices; authorizes further time extensions (Page 3).
-
Requires such policies to “include additional living expense coverage to apply in the event of such a [wildfire] loss” (Page 3).
-
Requires such policies to provide additional leeway to policyholders (Page 4).
-
Requires such policies to allow policyholders to use claims payments to pay costs of replacement residence (Page 5).
-
Requires insurers to offer policyholders minimum of 65% of limit of contents coverage; no written inventory of contents required (Page 6).
-
Requires simplified process for policyholders to submit inventory for personal property losses and expedite reimbursement for such losses (Page 7).
Title: Establishes New Insurance Coverage Requirements for Homeowners in the Event of Total Loss Due to Wildfire
Title: Establishes New Insurance Coverage Requirements for Homeowners in the Event of Total Loss Due to Wildfire
- Jennifer Bacon (CO - D)
- Adrienne Benavidez (CO - D) (Out Of Office)
- Tracey Bernett (CO - D) (Out Of Office)
- Shannon Bird (CO - D) (Out Of Office)
- Andrew Boesenecker (CO - D)
- Jeff Bridges (CO - D)
- Janet P. Buckner (CO - D) (Out Of Office)
- Yadira Caraveo (CO - D) (Out Of Office)
- James Rashad Coleman (CO - D)
- Don Coram (CO - R) (Out Of Office)
- Lisa A. Cutter (CO - D) (Out Of Office)
- Jessie Danielson (CO - D) (Out Of Office)
- Lindsey N. Daugherty (CO - D) (Out Of Office)
- Kerry Donovan (CO - D) (Out Of Office)
- Monica Duran (CO - D) (Out Of Office)
- Daneya Leigh Esgar (CO - D) (Out Of Office)
- Thomas 'Tony' Exum Sr. (CO - D) (Out Of Office)
- Rhonda Fields (CO - D) (Out Of Office)
- Meg Froelich (CO - D)
- Alec Garnett (CO - D) (Out Of Office)
- Joann Ginal (CO - D)
- Julie Gonzales (CO - D)
- Serena Gonzales-Gutierrez (CO - D) (Out Of Office)
- Matt Gray (CO - D) (Out Of Office)
- Chris Hansen (CO - D)
- Leslie Herod (CO - D)
- Nick Hinrichsen (CO - D)
- Dennis Hisey (CO - R) (Out Of Office)
- Edie Hooton (CO - D) (Out Of Office)
- Sonya Jaquez Lewis (CO - D)
- Iman Jodeh (CO - D)
- Cathy Kipp (CO - D)
- Christopher 'Chris' Kolker (CO - D) (Out Of Office)
- Sanford E. 'Pete' Lee (CO - D) (Out Of Office)
- Mandy Lindsay (CO - D)
- Susan Lontine (CO - D) (Out Of Office)
- Michael 'Mike' Lynch (CO - R) (Out Of Office)
- Julie McCluskie (CO - D) (Out Of Office)
- Karen McCormick (CO - D)
- Barbara Hall McLachlan (CO - D)
- Dafna Michaelson Jenet (CO - D) (Out Of Office)
- Dominick Moreno (CO - D)
- David Ortiz (CO - D)
- Brittany Pettersen (CO - D) (Out Of Office)
- Kevin Priola (CO - D) (Out Of Office)
- Naquetta Ricks (CO - D)
- Dylan Roberts (CO - D) (Out Of Office)
- Cleave Simpson (CO - R) (Out Of Office)
- Emily Lipp Sirota (CO - D)
- Marc A. Snyder (CO - D)
- Jerry Sonnenberg (CO - R) (Out Of Office)
- Tammy Story (CO - D) (Out Of Office)
- Tom Sullivan (CO - D) (Out Of Office)
- Brianna Titone (CO - D)
- Alex Valdez (CO - D)
- Donald E. 'Don' Valdez (CO - D) (Out Of Office)
- Mike Weissman (CO - D)
- Faith Winter (CO - D) (Out Of Office)
- Rob Woodward (CO - R) (Out Of Office)
- Mary Young (CO - D)
- Rachel Zenzinger (CO - D)