HB 210  - AS INTRODUCED

 

 

2023 SESSION

23-0432

05/04

 

HOUSE BILL 210

 

AN ACT relative to fire insurance contracts.

 

SPONSORS: Rep. Infantine, Hills. 16

 

COMMITTEE: Commerce and Consumer Affairs

 

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ANALYSIS

 

This bill revises certain requirements for combined insurance coverage against fire and other perils.

 

The bill is a request of the insurance department.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

23-0432

05/04

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Three

 

AN ACT relative to fire insurance contracts.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Fire Insurance Contracts and Suits Thereon; Combination Coverages.  Amend the introductory paragraph of RSA 407:2-a to read as follows:

407:2-a  Combination Coverages.  Any policy or contract otherwise subject to RSA 407:2, which includes [either on an unspecified basis as to the coverage or for a single premium] coverage against the peril of fire and substantial coverage against other perils, need not comply with the provisions of RSA 407:2, provided:

2  Repeal.  RSA 407:7, relative to forms for other insurance, is repealed.

3  Effective Date.  This act shall take effect 60 days after its passage.