Bill > HB2800

This bill adds a new section to Arizona's insurance laws that provides temporary protection for fire insurance policyholders during a state of emergency. Specifically, if the governor declares a state of emergency following a natural disaster or wildfire, insurance companies are prohibited from canceling or refusing to renew fire insurance policies for residents and businesses located within a five-mile radius of the affected area for a period of 60 days. The purpose of this legislation appears to be to provide stability and continuity of fire insurance coverage for people and businesses in areas that have been impacted by significant natural disasters or wildfires, ensuring that residents do not lose their insurance protection during a vulnerable time. By preventing insurers from immediately dropping coverage in emergency-affected regions, the bill aims to support community recovery and provide residents with a sense of security during challenging circumstances.

Agriculture and Natural Resources, Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/83269