House/ filed
Summary
The bill establishes the Access to Insurance Plan Association, an independent agency that runs a residual‑market (fair) insurance plan for residential and commercial property. All licensed insurers that write property policies in Utah must participate, and the plan can only issue coverage after a consumer shows three denied offers from those insurers. It aims to ensure homeowners and businesses can obtain coverage even when the private market is unavailable.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HB 562 changes status, plus AI-powered summaries and stage predictions.
Sign up free