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H 3981 - Requires all insurers to offer coverage for loss or damage resulting from an earthquake

Tracking Level: Of Interest
Sponsor: Gil Gatch
Last Action: 2/25/2021 - House - Referred to Committee on Labor, Commerce and Industry
House Committee:
Assigned To:
General GovernanceNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Requires all insurers to offer insurance coverage for loss or damage resulting from an earthquake.

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Session 124 - (2021-2022)Printer Friendly
(pdf format)
H 3981 General Bill, By Gatch, M.M. Smith, Ott, Tedder, J.L. Johnson, Forrest, Bailey, Bustos, Morgan, W. Cox and Herbkersman
Summary: Earthquake insurance
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-75-70 SO AS TO REQUIRE INSURERS TO OFFER INSURANCE COVERAGE FOR LOSS OR DAMAGE RESULTING FROM AN EARTHQUAKE TO ALL POLICIES ISSUED IN THIS STATE.
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02/25/21House Introduced and read first time (House Journal-page 5)
02/25/21House Referred to Committee on Labor, Commerce and Industry (House Journal-page 5)



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