Bill > HB1433

This bill creates a new requirement for insurance companies in Missouri to provide additional living expense coverage for policyholders who are impacted by gun violence incidents. Specifically, insurers offering homeowners, dwelling-owners, or renters insurance must provide coverage for reasonable increased living expenses when a gun violence incident occurs near the insured property and renders it temporarily uninhabitable. The coverage would help policyholders pay for temporary housing, meals, transportation costs, and other necessary living expenses while their property is being repaired or replaced. Insurers must specify a maximum amount they will pay, either through a dollar amount limit or a time-based limit. The coverage begins after the property becomes uninhabitable, with a potential waiting period of up to 48 hours, and continues until repairs are complete or the household relocates. To receive these benefits, policyholders must immediately notify the insurer about the incident, provide documentation of expenses, and cooperate with the insurance company's investigation. The bill defines a "gun violence incident" broadly to include various scenarios involving firearm use that disrupt a resident's ability to live in their property, and it will apply to policies issued or renewed on or after January 1, 2026.

https://house.mo.gov/Bill.aspx?bill=HB1433&year=2025&code=R