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Key Votes

S Amdt 4719 - Optional Wind Damage Insurance - Key Vote

National Key Votes

Edward Kennedy, Sr. voted Nay (Amendment Vote) on this Amendment.

Read statements Edward Kennedy, Sr. made in this general time period.

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Family

Issues

Note

NOTE: THIS IS AN AMENDMENT TO A SUBSTITUTE AMENDMENT. A SUBSTITUTE AMENDMENT REPLACES THE ENTIRE TEXT OF A PIECE OF LEGISLATION WITH A NEW TEXT.

Stage Details

Amendment - Amendment Rejected (Senate) (19-74) - (Key vote)

Title: Optional Wind Damage Insurance

Vote Smart's Synopsis:

Vote to adopt an amendment that would add an optional multiperil program to the national insurance program that includes coverage of wind damage.

Highlights:
  • Prohibits duplicate coverage of the same property by the flood insurance and multiperil insurance plans available under the national flood insurance program.
  • Limits the amount of coverage to $500,000 per dwelling unit in residential properties, with up to an additional $150,000 for contents within the residential property and increased living expenses, and up to $1 million for nonresidential properties, including churches, plus up to $750,000 for contents within the nonresidential property and loss of business.
  • Prevents mulitperil coverage from being offered to any property declared by a zoning authority or other authorized public body to be in violation of state or local regulations intended to reduce damage caused by windstorms.
Amendment - Introduced (Senate) -

Title: Optional Wind Damage Insurance

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