SSB 5720 — Concerning risk mitigation in property insurance.

What this bill does

Allows property insurers to include specified risk mitigation and prevention goods and services as part of commercial property insurance policies. Increases the maximum value of specified goods and services that insurers can provide to an insured in a 12-month period from $1,500 to $7,500.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

• House — Final Passage as Amended by the House · April 7, 2023
  97 yea · 0 nay · 1 not voting
• Senate — Final Passage as Amended by the House · April 19, 2023
  49 yea · 0 nay
• Senate — 3rd Reading & Final Passage · February 28, 2023
  46 yea · 0 nay · 3 not voting

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Other bills sponsored by Stanford

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• SSB 5191 — Reforming the real estate agency law.
• SSB 5210 — Concerning the best interest standard for annuity transactions.