Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 2575 mandates that property insurance policies allow homeowners to recover withheld depreciation on property damage claims for up to two years after the initial claim payment. The bill clarifies that recoverable depreciation is not counted as defense costs or deducted from policy limits​.
Author
Mayes Middleton
Contact the Author
Sen. Mayes Middleton
Capitol Phone:
(512) 463-0111
Capitol Office:
EXT E1.706
E-Mail:
