Bill

Bill > SB284


NM SB284

NM SB284
Foster Children & Homeowners Insurance


summary

Introduced
02/04/2025
In Committee
Crossed Over
Passed
Dead
03/22/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT RELATING TO INSURANCE; DECLARING THAT FOSTER CHILDREN ARE NOT RESIDENTS OF FOSTER HOMES FOR PURPOSES OF HOMEOWNERS INSURANCE.

AI Summary

This bill adds a new provision to the New Mexico Insurance Code that clarifies the insurance status of foster children. Specifically, the bill states that a minor child who is placed in foster care by the Children, Youth and Families Department or a licensed child placement agency cannot be denied coverage under a homeowners insurance policy's premises liability protection solely because of their foster placement status. In other words, foster children will be treated the same as other residents of the home for insurance purposes, ensuring they have the same level of protection and cannot be excluded from liability coverage simply due to their temporary living situation. This provision helps protect foster children from potential insurance discrimination and ensures they are treated equitably within the household's insurance policy.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Senate Judiciary Committee (00:00:00 3/8/2025 Room 321) (on 03/08/2025)

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