INSURANCE/PROPERTY: Prohibits insurers from the nonrenewal of residential insurance policies when homeowners timely mitigate risks

HB 408 prevents Louisiana insurers from canceling residential home insurance policies if homeowners fix the specific safety issues causing nonrenewal within 90 days of receiving written notice. Homeowners who resolve the stated problem (e.g., repairing structural damage) within this timeframe retain coverage, and insurers cannot later use those same issues to raise premiums. Insurers must provide written notice explaining the nonrenewal reason and delivery method (including email), with the 90-day window starting upon notice receipt. This bill directly affects residential homeowners in Louisiana facing nonrenewal notices and aims to provide a clear path to maintain coverage.