Sponsors say HB 652 would extend nonrenewal notices for many policies from 30 to 60 days

Summary

Representatives Brian Lorenz and Brennan told the committee HB 652 extends required nonrenewal notice for many commercial and homeowners policies from 30 to 60 days, includes a six‑month delayed effective date, automatic short extension when notices are late and an option for electronic notices; committee members raised concerns about small insurers' compliance and IT costs.

Representatives Brian Lorenz and Brennan presented House Bill 652, which would extend the required nonrenewal notice for certain commercial and residential property policies from 30 to 60 days and delay implementation for six months to allow insurers time to update systems. "This bill extends the notice period for non renewal of certain commercial and homeowner insurance policies from 30 to 60 days," Lorenz said; he added the change would take effect six months after enactment.

Sponsors said the bill does not change underwriting or rates; rather, it standardizes notice content, allows policyholders to opt into electronic notifications, and protects consumers by automatically extending coverage for up to 60 days if notice is late. Representatives and committee members questioned whether small insurers could absorb IT and systems costs and whether longer notice could affect underwriting or risk pools. Sponsors said they plan to meet with smaller carriers and to provide fiscal analysis on implementation costs.

The committee concluded the first hearing; sponsors said they would follow up with additional outreach and fiscal details.