Military personnel premium discount for homeowner's insurance; rating standards and methods
La. R.S. 22:1482.1
in effect22:1482.1. Military personnel premium discount for homeowner's insurance; rating standards and methods
A. Beginning August 1, 2008, and thereafter, every homeowner's insurer authorized to transact business in this state and offering homeowner's coverage in this state may provide to active military personnel based in this state a discount of ten percent of the premium on any homeowner's insurance policy purchased in this state to cover immovable property owned by such military personnel.
B. The commissioner of insurance shall adopt rules and regulations, in accordance with the Administrative Procedure Act, to implement the provisions of this Section. The rules and regulations shall include and not be limited to the following:
(1) Provisions defining and delineating active military personnel who may receive the discount.
(2) Recordkeeping requirements for the insurer.
(3) Other such provisions necessary for the proper implementation of this Section.
C. Except for the purpose of administering the military personnel premium discounts set forth in this Section and in R.S. 22:1482, the fact that the insured is deployed in the military for a period in excess of six months shall not be used by any insurer for the classification of risks.
Acts 2008, No. 849, §1; Acts 2020, No. 49, §1.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=508467Fetched: 10/20/2026