The resolution proposes an interim study to investigate the recent increases in homeowner's insurance premiums in Nebraska and explore potential public policy solutions to address this issue. The study will cover various aspects, including the historical trends of insurance premiums, the availability of insurance providers in the state, and the types of policies being utilized. Additionally, it will look into legislative measures from other states, encourage the use of storm-resistant materials in construction, and assess the impact of residential contractors on insurance claims and fraud.

The Banking, Commerce and Insurance Committee of the Nebraska Legislature is tasked with conducting this study. Upon completion, the committee is required to report its findings and recommendations to the Legislative Council or the Legislature, aiming to provide insights and solutions to mitigate the rising costs of homeowner's insurance in Nebraska.