Bentley focused on homeowner’s insurance as hurricane season beginsPublished 4:26pm Wednesday, June 13, 2012
During a visit to Foley Wednesday, Gov. Robert Bentley discussed legislative approval of a series of bills aimed at improving access to affordable homeowners insurance for Alabama residents.
The issues associated with finding affordable insurance is especially daunting, the governor said, along Alabama’s Gulf Coast, where hurricanes and other storms are common.
“These bills will empower consumers and expand their options,” Bentley said. “The lack of affordable homeowners insurance is an issue affecting many people across the state, especially those living along the Gulf Coast. The 2012 regular legislative session was a very productive session addressing this issue, and I commend lawmakers for working in a collaborative manner. We remain committed to continuing to address this issue, and today, I’m glad to announce we have made major progress.”
Bentley was joined at a news conference by Baldwin County Judge Tim Russell, who serves as chairman of the Governor’s Affordable Homeowners Insurance Commission.
“Members of the Affordable Homeowners Insurance Commission and I are very grateful for the outstanding work of legislators in passing major insurance bills and for the support of the Governor,” Russell said. “With these bills, we now have major incentives for homeowners to establish savings accounts to better prepare for any future disasters. Insurance companies will have good opportunities to underwrite some of our coastal exposures and enjoy the benefits of tax incentives. We are all excited about moving forward to solve property insurance challenges throughout the state.”