Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 22:1485 - [Effective 8/1/2024] Homeowner's insurance; premium discountsA. As used in this Section, the following terms shall have the following meanings: (1) "Factory-built home" has the meaning given to that term in R.S. 9:1149.2.(2) "Permanently structured home" means a structure with a permanent foundation that is not considered factory-built.(3) "Security system" means a monitored security device that is wired to a local law enforcement or fire department.B. Every insurer authorized to issue a policy of homeowner's insurance in this state who offers a policy premium discount based on the installation or existence of a security system in a permanently structured home shall provide the same or a similar premium discount for policies of homeowner's insurance covering factory-built homes. Acts 1997, No. 185, §1; Redesignated from R.S. 22:1464.1 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.Amended by Acts 2024, No. 287,s. 4, eff. 8/1/2024.Acts 1997, No. 185, §1; Redesignated from R.S. 22:1464.1 by Acts 2008, No. 415, §1, eff. 1/1/2009.Former R.S. 22:1485 redesignated as R.S. 22:1505 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
This section is set out more than once due to postponed, multiple, or conflicting amendments.