Homeowners insurance limits; require no less than 20% in cases of total loss.

An Act To Require Insurance Companies To Pay No Less Than Twenty Percent Of The Policy Limits For The Dwelling When There Is A Total Loss; To Allow The Insured To Recover Additional Amounts By Filing A Claim; To Provide A Definition For Total Loss As It Relates To This Act; To Provide That The Commissioner Of Insurance May Promulgate Rules And Regulations; And For Related Purposes.