Homeowners’ Defense Act of 2025

The Homeowners' Defense Act of 2025 establishes a federal program to support state insurance programs that help homeowners protect against natural disasters like hurricanes, earthquakes, and floods. It creates a National Catastrophe Risk Consortium to assess risks and recommend policies, authorizes Treasury Secretary to guarantee debt for state programs covering catastrophic losses, and provides reinsurance contracts to cover losses beyond state program capacity. The bill also creates a grant program to help homeowners strengthen properties through retrofitting and mitigation efforts. This program would primarily affect homeowners in disaster-prone states and the state insurance programs that serve them.