| re is probably no such thing as cheap home insurance | | | | work on any protection bill for policyholders and they |
| in united states anymore, but homeowners are | | | | would need to be encouraged to look into the |
| getting some positive news in the insurance | | | | current bill of rights. |
| department in terms of improved security. | | | | Proponents have also added that one of the most |
| A bill of rights for homeowner’s insurance in | | | | common complaints against such bills is that they can |
| the Gulf Coast was able to get through the House | | | | change the way business is done in home insurance |
| through a 108-6 vote and is now on its way to the | | | | and that these bills can discourage parties involved |
| Senate Insurance Committee. It is the second in a | | | | from writing policies. |
| three-year period that the House Insurance | | | | Despite the fact that majority of Gulf Coast |
| Committee needed to pass a bill of insurance. House | | | | homeowners do not find it easy to get cheap home |
| legislators stated that one of the biggest issues that | | | | insurance, the bill being considered by the Senate |
| concern Gulf Coast residents is insurance and the | | | | Insurance Committee is expected to provide them |
| passage of the bill of rights is a significant | | | | with some protection that can partially offset the |
| development in terms of protecting consumers in the | | | | impact of insurance policy prices. |
| area. | | | | They further added that the bill will provide |
| The Legislature, reports revealed, has yet to pass a | | | | homeowners with knowledge on what they can |
| single legislation that addresses insurance claims | | | | expect when purchasing a policy and when they |
| handling since the Katrina disaster. That makes House | | | | make a claim and it will offer home owners a |
| Bill 563 an important piece of legislation for Gulf Coast | | | | stronger traction in terms of protecting their homes |
| home owners. According to market analysts, the fact | | | | and themselves. According to some supporters of |
| that the bill sailed easily through the House also adds | | | | the bill, the Senate Insurance Committee has yet to |
| to the optimism among residents that their | | | | work on any protection bill for policyholders and they |
| housing-related problems are not being ignored. | | | | would need to be encouraged to look into the |
| Although cheap home insurance is something that is | | | | current bill of rights. |
| hard to find in the whole country, proponents of the | | | | Proponents have also added that one of the most |
| House bill stated that the current bill will provide | | | | common complaints against such bills is that they can |
| homeowners with some security in terms of buying | | | | change the way business is done in home insurance |
| insurance policies which can be considered a great | | | | and that these bills can discourage parties involved |
| help. | | | | from writing policies. |
| They further added that the bill will provide | | | | Despite the fact that majority of Gulf Coast |
| homeowners with knowledge on what they can | | | | homeowners do not find it easy to get cheap home |
| expect when purchasing a policy and when they | | | | insurance, the bill being considered by the Senate |
| make a claim and it will offer home owners a | | | | Insurance Committee is expected to provide them |
| stronger traction in terms of protecting their homes | | | | with some protection that can partially offset the |
| and themselves. According to some supporters of | | | | impact of insurance policy prices. |
| the bill, the Senate Insurance Committee has yet to | | | | |