HB 1240: Insurance Companies, Agents, Brokers, Policies - As introduced, requires an insurance company that is admitted to do business in this state and insures the tangible personal property of a policyholder who resides in this state to provide a discount to the policyholder through the policyholder's homeowners or renters insurance policy if the policyholder secures the policyholder's firearms in a firearm safe or uses a firearm safety device for the firearms and requests to receive the annual discount. - Amends TCA Title 56.

Plain-language summary

HB 1240 is a bill introduced in the Tennessee House on February 6, 2025. According to its official title, it concerns: Insurance Companies, Agents, Brokers, Policies - As introduced, requires an insurance company that is admitted to do business in this state and insures the tangible personal property of a policyholder who resides in this state to provide a discount to the policyholder through the policyholder's homeowners or renters insurance policy if the policyholder secures the policyholder's firearms in a firearm safe or uses a firearm safety device for the firearms and requests to receive the annual discount. - Amends TCA Title 56. Primary sponsor: Esther Helton-Haynes (Republican). Most recent recorded action (March 19, 2025): Taken off notice for cal in s/c Insurance Subcommittee of Insurance Committee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written