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Arkansas General Assembly· SB 48Notification that SB48 is now Act 246

An act TO AMEND THE LAW CONCERNING DISCLOSURE OF 10 DEDUCTIBLES UNDER CERTAIN INSURANCE POLICIES, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas                 As Engrossed: S1/28/25
2 95th General Assembly
                                          A Bill

3 Regular Session, 2025                                             SENATE BILL 48

4

5 By: Senator J. Boyd

6 By: Representative L. Johnson

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8                                For An Act To Be Entitled

9           AN ACT TO AMEND THE LAW CONCERNING DISCLOSURE OF

10          DEDUCTIBLES UNDER CERTAIN INSURANCE POLICIES; TO

11          REQUIRE AN INSURER TO DISCLOSE DEDUCTIBLES FOR

12          CERTAIN INSURANCE POLICIES ON THE POLICY DECLARATION

13          PAGE OR NOTICE OF RENEWAL OF THE POLICY; AND FOR

14          OTHER PURPOSES.

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16

17                                  Subtitle

18                       TO AMEND THE LAW CONCERNING DISCLOSURE

19                       OF DEDUCTIBLES UNDER CERTAIN INSURANCE

20                       POLICIES.

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22 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

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24  SECTION 1. Arkansas Code � 23-79-168 is amended to read as follows:

25  23-79-168. Deductible based on percentage of insured value --

26 Disclosure required.

27  A An owner-occupied residential property insurance policy issued or

28 renewed in this state that bases the deductible under the insurance policy

29 for any loss, other than a loss due to an earthquake, on a percentage of the

30 insured value of the insured property shall disclose to the insured the

31 monetary amount of the deductible, other than for a loss due to an

32 earthquake, on the policy declaration page or notice of renewal of the

33 policy.

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35  SECTION 2. Arkansas Code Title 23, Chapter 79, Subchapter 1, is

36 amended to add an additional section to read as follows:

    *ANS103*                                                     01-28-2025 10:26:25 ANS103
    As Engrossed: S1/28/25                                                   SB48

1   23-79-169. Deductibles -- Disclosure required.

2   (a) An insurance policy for owner-occupied residential property

3 insurance issued or renewed in this state shall disclose, as applicable, on

4 the policy declaration page or notice of renewal of the policy all

5 deductibles included under the policy in a clear and conspicuous manner so

6 that the insured can identify any applicable deductibles under the policy or

7 renewal.

8   (b) An insurance policy for owner-occupied residential property

9 insurance issued or renewed in this state that contains separate deductible

10 levels by peril shall display these deductible amounts together with the

11 policy's all other peril deductible, if applicable, on the policy declaration

12 page or notice of renewal of the policy.

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14                          /s/J. Boyd

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