This bill proposes to amend Arizona Revised Statutes by adding a new section, 20-1511, which would establish protections for fire insurance policyholders in the event of a state of emergency declared by the governor due to a natural disaster or wildfire. Specifically, it would prevent insurance producers from canceling or refusing to renew fire insurance policies for a period of twenty-four months for insured individuals or properties located within a five-mile radius of the disaster.

The current statutes remain unchanged, as the bill introduces new provisions without altering existing laws. The primary focus of the bill is to enhance consumer protections for those affected by natural disasters, ensuring that they maintain their fire insurance coverage during a critical recovery period.

Statutes affected:
Introduced Version: 20-1511