Senate Bill No. 222, introduced by Senator Duplessis, mandates that insurers provide a premium discount or rate reduction ranging from twenty to thirty percent for insureds participating in the Louisiana Fortify Homes Program. This requirement applies to owners who construct or locate new residential or commercial properties designed to withstand damage from hurricanes, tornadoes, or other catastrophic windstorm events. Insurers must implement this discount by October 1, 2026, and may also offer additional adjustments such as changes in deductibles or other credit rate differentials.

The bill enacts new language into R.S. 22:1483.1(F), which outlines the conditions under which these discounts and adjustments will be available. It retains existing provisions that allow the commissioner of insurance to provide financial grants for retrofitting roofs on properties with a homestead exemption to meet fortified roof standards. The bill will take effect upon the governor's signature or after the designated period for gubernatorial action if not signed.