S Amdt 4719 - Optional Wind Damage Insurance - Key Vote

John Kerry voted Nay (Amendment Vote) on this legislation.

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.

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.

See The Voting Record
Full Bill Text

Title: Optional Wind Damage Insurance

Full Bill Text

Key Votes