Bill Text: IA HF2299 | 2021-2022 | 89th General Assembly | Amended
Bill Title: A bill for an act relating to fire insurance policies and to appraisals of insured losses, and including applicability provisions. (Formerly HSB 588.)
Spectrum: Committee Bill
Status: (Engrossed - Dead) 2022-03-02 - Subcommittee Meeting: 03/07/2022 2:00PM Room 217 Conference Room. [HF2299 Detail]
Download: Iowa-2021-HF2299-Amended.html
House
File
2299
-
Reprinted
HOUSE
FILE
2299
BY
COMMITTEE
ON
COMMERCE
(SUCCESSOR
TO
HSB
588)
(As
Amended
and
Passed
by
the
House
February
23,
2022
)
A
BILL
FOR
An
Act
relating
to
fire
insurance
policies
and
to
appraisals
of
1
insured
losses,
and
including
applicability
provisions.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
HF
2299
(4)
89
ko/rn/md
H.F.
2299
Section
1.
NEW
SECTION
.
515.109A
Appraisals
——
limitations
1
on
use.
2
The
appraisal
process
included
in
the
standard
fire
policy
3
in
section
515.109,
subsection
6,
paragraph
“a”
,
shall
only
be
4
used
to
appraise
a
loss,
stating
separately
actual
cash
value
5
or
amount
of
loss;
and
shall
not
be
used
to
determine
a
dispute
6
regarding
the
cause
of
a
loss
or
to
determine
whether
a
loss
is
7
covered
under
the
terms
of
the
policy.
8
Sec.
2.
APPLICABILITY.
This
Act
applies
January
1,
2023,
9
to
fire
insurance
contracts
issued
for
delivery,
continued,
or
10
renewed
in
this
state,
and
to
insured
losses
incurred
under
11
such
contracts,
on
or
after
that
date.
12
-1-
HF
2299
(4)
89
ko/rn/md
1/
1
