Bill > HF2249

This bill, known as the "Family Protection Act," prohibits insurance companies from excluding coverage solely because the injured person is a resident, member, or related to the insured by blood or marriage. The bill defines "insured" to include the named insured, their spouse, relatives residing in the same household, and minors in their custody. It allows "permitted exclusions" for damages resulting from fraud, intentional or criminal conduct, and other exclusions permitted by law. The bill requires insurance companies to obtain approval from the Commissioner of Commerce before increasing premiums due to this new law, and stipulates that an endorsement is not required for the definitions to be effective. The provisions of this bill apply to boat insurance policies and personal umbrella policies in Minnesota and are effective immediately upon enactment.

Business and Industry

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2249&ssn=0&y=2023