Bill > SB497

This bill amends existing insurance law in West Virginia to prevent home insurance providers from canceling or refusing to renew a homeowner's insurance policy solely because of a single, isolated incident claim. Specifically, the bill adds a new provision to the state's insurance code that prohibits insurers from using an isolated claim as a basis for policy cancellation or non-renewal. This means that if a homeowner files a claim for a one-time event, such as a minor property damage incident, the insurance company cannot use that single claim as justification to terminate their coverage. The bill aims to protect homeowners from potential insurance disruption due to occasional, infrequent insurance claims. By adding this language, the legislation provides additional consumer protection in the insurance marketplace, ensuring that homeowners are not penalized for making a claim for an isolated, presumably minor incident that does not represent a pattern of repeated or chronic issues.

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http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=497&year=2025&sessiontype=RS&btype=bill