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State Government / Utah / Legislation / HB 562

HB 562Session 2026HouseIn committee

Homeowners Insurance Amendments

Official source overview

This bill creates an independent state agency to provide real property insurance coverage when such coverage is not available from insurers.

Published by Utah State Legislature for H.B. 562. Civixly has formatted, but not rewritten, the official text.

Latest development · Mar 7, 2026

House/ filed

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Official Utah record ↗
Session
2026
Introduced
Feb 13, 2026
Latest passage
Date unavailable
Key provisionsTopicsSponsorsActionsRelated billsDiscussion

Official highlighted provisions

What the bill would do

These points come from the Utah Legislature’s published bill overview.

  • defines terms;
  • enacts the Access to Insurance Plan Act;
  • creates the Access to Insurance Plan Association as an independent state agency;
  • requires each admitted insurer that writes property insurance in the state to participate in the association as a condition of transacting business;
  • requires the association to establish and operate a residual market property insurance plan (fair plan);
  • authorizes the fair plan to provide residential and commercial property insurance when coverage is not available in the admitted market;
  • establishes governance of the association by a board of directors that the governor appoints;
  • requires the board to adopt and submit a plan of operation to the insurance commissioner for approval;
  • establishes requirements for rates, underwriting standards, coverage limits, and policy forms under the fair plan;
  • requires an applicant to demonstrate that at least three admitted insurers declined coverage before obtaining coverage through the fair plan;
  • authorizes the association to assess member insurers to fund startup costs and ongoing financial obligations;
  • authorizes member insurers to recover certain assessments through policyholder surcharges;
  • grants the insurance commissioner oversight, enforcement authority, and rulemaking authority; and
  • provides for judicial review of final administrative actions.
Verify this overview with the Utah Legislature ↗

Topics and classification

Civixly topics

Labor & EmploymentBusiness & Economy

Source subjects

BusinessIndependent EntitiesInsuranceLabor and EmploymentProperty and Casualty Insurance

Document type

Bill

Sponsors

Primary sponsors are listed before cosponsors and other sponsoring entities.

Primary sponsorDailey-Provost, Jennifer

Action timeline

Newest action first. Action language is supplied by the state source.

View full action timeline15 actions⌄
  1. Mar 7, 2026

    House/ filed

    FilingHouse
  2. Mar 7, 2026

    House/ strike enacting clause

    House
  3. Mar 5, 2026

    House/ comm rpt/ sent to Rules [House Rules Committee]

    House
  4. Mar 2, 2026

    House Comm - Recommends Returned to Rules [House Natural Resources, Agriculture, and Environment Committee]

    House
  5. Mar 2, 2026

    House Comm - Not Considered [House Natural Resources, Agriculture, and Environment Committee]

    House
  6. Feb 27, 2026

    House/ to standing committee [House Natural Resources, Agriculture, and Environment Committee]

    Referral CommitteeHouse
  7. Feb 19, 2026

    House/ received fiscal note from Fiscal Analyst

    ReceiptHouse
  8. Feb 19, 2026

    LFA/ fiscal note publicly available for HB0562

    Utah State Legislature
  9. Feb 19, 2026

    LFA/ fiscal note sent to sponsor for HB0562

    Utah State Legislature
  10. Feb 13, 2026

    House/ 1st reading (Introduced)

    House
  11. Feb 13, 2026

    House/ received bill from Legislative Research

    ReceiptHouse
  12. Feb 13, 2026

    LFA/ bill sent to agencies for fiscal input for HB0562

    Utah State Legislature
  13. Feb 13, 2026

    LFA/ bill assigned to staff for fiscal analysis for HB0562

    Utah State Legislature
  14. Feb 13, 2026

    Numbered Bill Publicly Distributed

    Utah State Legislature
  15. Feb 13, 2026

    Bill Numbered but not Distributed

    Utah State Legislature

Related Utah legislation

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HB 3Updated Mar 26, 2026

Appropriations Adjustments

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SB 26Updated Mar 26, 2026

Pest Control Amendments

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HB 190Updated Mar 26, 2026

Child Care Business Tax Credit

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HB 457Updated Mar 26, 2026

County Governance Modifications

Business & Economy
Browse all Utah legislation →

HB 562 discussion

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State legislative data provided by Open States and linked legislature sources when available.

Bill overview text and highlighted provisions are published by the Utah State Legislature and are not rewritten by Civixly.

Civixly tracks state bill actions, passage dates, and sponsors. Member-level state roll-call histories are not included.

Source data last updated Mar 18, 2026.