Coast has successful legislative session
House Bill 1410 didn’t make a lot of headlines or newscasts statewide this legislative session, but the measure, the first major structural change to state homeowners insurance laws since Hurricane Katrina, was one of the most important to South Mississippi in years.
The bill, authored by Rep. Scott DeLano, R-Biloxi, will for the first time, starting in 2013, tie home fortification against storms to discounts on insurance premiums. For instance, if a homeowner strengthens his roof and installs window shutters according to set standards, he will get a discount, and can check up front what it will be.
The amount of discounts are not set by law, but the insurance companies have to provide “actuarially sound” discounts.
Sun Herald
5/5/12
Magnolia Tribune
