South Carolina House Bill 5063: Property insurance and structural inspections

South Carolina · 2025-2026 Regular Session

What it does

Amend The South Carolina Code Of Laws By Adding Section 38-75-70 So As To Require Periodic Full Structural Inspections Of Certain Coastal Multi-story Buildings By Certified Structural Experts As A Condition Of Property Insurance Renewal, To Provide Insurers May Consider The Findings And Conclusions Of Structural Inspection Reports When Determining Whether To Renew, Nonrenew, Or Conditionally Renew A Policy, And To Provide A Policy Renewed Following A Qualifying Inspection Must Provide Coverage For Loss Or Damage Up To Policy Limits And Coverage For Reasonable Alternative Living Expenses When Evacuation Is Necessary Due To Structural Deficiencies.

Latest action

Referred to Committee on Labor, Commerce and Industry (2026-01-29)

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