The proposed bill, if enacted, would amend current statutes by adding a new section to Title 20, Chapter 6, Article 7 of the Arizona Revised Statutes. Specifically, it would insert provisions that prohibit insurers from canceling or refusing to renew fire insurance policies for a period of sixty days following the Governor's declaration of a state of emergency due to a natural disaster or wildfire. This restriction applies to insured individuals residing or located within a five-mile radius of the affected area.

Currently, there are no specific provisions in the law that prevent insurers from canceling or refusing to renew fire insurance policies in the aftermath of such emergencies. The bill aims to enhance consumer protection by ensuring that individuals in vulnerable areas maintain their fire insurance coverage during critical recovery periods following disasters.

Statutes affected:
Introduced Version: 20-1511
House Engrossed Version: 20-1511