Creates provisions relating to insurance coverage of additional living expenses due to gun violence

HB 2532 requires insurance companies in this state to cover additional living expenses for homeowners, renters, and dwelling owners when gun violence makes their property uninhabitable. The bill mandates coverage for temporary housing, meals, and transportation costs incurred after a gun violence incident (like drive-by shootings) damages the property, with insurers specifying either a dollar limit or time limit for payments. Insureds must report incidents immediately, provide expense documentation, and cooperate with investigations to qualify for coverage, which begins after a 48-hour waiting period. The law applies to policies delivered, issued, or renewed on or after January 1, 2027.