H-1020.1  _______________________________________________

                          HOUSE BILL 1419

          _______________________________________________

State of Washington      56th Legislature     1999 Regular Session

By Representatives Sullivan, Benson, Kastama, Keiser, Hatfield, Murray and Rockefeller

Read first time 01/25/1999.  Referred to Committee on Financial Institutions & Insurance.

Providing information on earthquake insurance.

    AN ACT Relating to providing information on earthquake insurance; and adding a new section to chapter 48.02 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  A new section is added to chapter 48.02 RCW to read as follows:

    As part of the information provided to consumers electronically by the commissioner through the internet, the commissioner shall provide information on earthquake insurance and the risks of earthquakes in Washington.  The information shall include:

    (1) A statement regarding what the consumer must do to obtain earthquake insurance and whether it is typically included in standard homeowners' insurance policies;

    (2) A description of typical coverage and benefits to consumers provided by earthquake insurance;

    (3) A summary of typical premiums and deductibles for earthquake insurance; and

    (4) A summary of or reference to information regarding the risk of earthquakes in Washington, covering as many geographical areas of the state as is feasible.

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