Bill
Bill > H0562
ID H0562
ID H0562Amends existing law to revise provisions regarding cancellation and nonrenewal of certain policies.
summary
Introduced
01/30/2026
01/30/2026
In Committee
02/02/2026
02/02/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
RELATING TO INSURANCE; AMENDING SECTION 41-1842, IDAHO CODE, TO REVISE PRO- VISIONS REGARDING NOTICE OF CANCELLATION AND NONRENEWAL; AMENDING SEC- TION 41-2401, IDAHO CODE, TO REVISE PROVISIONS REGARDING CANCELLATION AND NONRENEWAL; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.
AI Summary
This bill amends existing Idaho law to revise the notice requirements for canceling or not renewing certain insurance policies, specifically commercial insurance and standard fire policies. For commercial insurance, the bill increases the required notice period for cancellation due to reasons other than nonpayment of premium or fraud from 30 days to 60 days, and for nonrenewal from 45 days to 60 days. For standard fire policies, it mandates a 60-day written notice for both cancellation and nonrenewal, requiring the reason for the action to be provided, with a 10-day notice still permitted for nonpayment of premium. The bill also includes an emergency clause, declaring it effective on July 1, 2026.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Business Committee (House)
Last Action
House Business Committee (13:30:00 2/25/2026 Room EW41) (on 02/25/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2026/legislation/H0562/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/H0562.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2026/legislation/H0562SOP.pdf |
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