Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4570 mandates that personal automobile and residential property insurance policies include an appraisal process for resolving disputes about the amount of loss. The appraisal is binding on the policyholder and insurer unless fraud or material mistakes are involved. This requirement applies to policies delivered, issued, or renewed on or after January 1, 2026.
Author
Jay Dean
Co-Author
Terri Leo-Wilson
Trey Martinez Fischer
Mihaela Plesa