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Homeowners' Defense 2025: Natural Catastrophe Insurance

This act aims to ensure the availability and affordability of homeowners' insurance against natural catastrophes like hurricanes and earthquakes. It introduces federal support for state insurance programs, helping homeowners prepare for and recover from damages, and expediting claims payments. Citizens can expect more stable and potentially more affordable insurance in disaster-prone regions.
Key points
Establishes a National Catastrophe Risk Consortium to gather data and assess gaps in the insurance sector, aiming to improve policy accessibility and affordability.
Creates a federal debt guarantee program for state insurance programs, enhancing their liquidity and ability to quickly pay claims after catastrophes.
Introduces federal reinsurance for eligible state programs, which should lower insurance costs for citizens and provide greater financial stability.
Establishes a grant program for prevention and mitigation efforts, such as home strengthening and public education campaigns, to reduce property losses for homeowners.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_827
Sponsor: Rep. Wilson, Frederica S. [D-FL-24]
Process start date: 2025-01-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Homeowners’ Defense Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_827.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-28.

What are the main provisions?

Key points include:

  • Establishes a National Catastrophe Risk Consortium to gather data and assess gaps in the insurance sector, aiming to improve policy accessibility and affordability.
  • Creates a federal debt guarantee program for state insurance programs, enhancing their liquidity and ability to quickly pay claims after catastrophes.
  • Introduces federal reinsurance for eligible state programs, which should lower insurance costs for citizens and provide greater financial stability.
  • Establishes a grant program for prevention and mitigation efforts, such as home strengthening and public education campaigns, to reduce property losses for homeowners.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Wilson, Frederica S. [D-FL-24].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

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