|BILL AS INTRODUCED||2007-2008|
Introduced by Representatives Courcelle of Rutland City, Andrews of Rutland City, Evans of Essex, Howard of Rutland City, McCormack of Rutland City and Potter of Clarendon
Subject: Banking and insurance; property insurance
Statement of purpose: This bill proposes to require coverage for cleanup and removal of fallen trees in homeowners’ insurance policies.
AN ACT RELATING TO HOMEOWNERS’ INSURANCE COVERAGE FOR CLEANUP AND REMOVAL OF TREES THAT FALL ONTO NEIGHBORING PROPERTY
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 8 V.S.A. § 4724(23) is added to read:
(23)(A) Failure of a “homeowner’s insurance” policy to provide coverage for clean up and removal of trees that fall from the insured’s property onto neighboring property, but not causing property damage or blocking access.
(B) As used in this subdivision (23), “homeowner’s insurance” shall be defined as a policy of insurance covering loss of or damage to real property, personal property, or both, used predominantly for residential purposes and which residences consist of not more than four dwelling units, other than hotels and motels.
The Vermont General Assembly
115 State Street