The bill, S.B. No. 213, aims to prohibit insurers from requiring the bundling of personal lines property or casualty insurance policies. It introduces a new section, 541.062, to the Insurance Code, which states that it is considered an unfair method of competition or a deceptive act for insurers to mandate that consumers purchase multiple personal lines policies from the same insurer or to condition the issuance of one personal line policy on the purchase of another.
This legislation is set to take effect on September 1, 2025, and seeks to enhance consumer protection by ensuring that individuals have the freedom to choose their insurance policies without being forced into bundled arrangements.
Statutes affected: Introduced: ()