§1485. Homeowners' insurance; premium discounts
A. As used in this Section, the following terms shall have the following meanings:
(1) "Factory-built home" has the meaning given to that term in R.S. 9:1149.2.
(2) "Permanently structured home" means a structure with a permanent foundation
that is not considered factory-built.
(3) "Security system" means a monitored security device that is wired to a local law
enforcement or fire department.
B. Every insurer authorized to issue a policy of homeowners' insurance in this state
who offers a policy premium discount based on the installation or existence of a security
system in a permanently structured home shall provide the same or a similar premium
discount for policies of homeowners' insurance covering factory-built homes.
Acts 1997, No. 185, §1; Redesignated from R.S. 22:1464.1 by Acts 2008, No. 415,
§1, eff. Jan. 1, 2009; Acts 2024, No. 287, §4.
NOTE: Former R.S. 22:1485 redesignated as R.S. 22:1505 by Acts 2008,
No. 415, §1, eff. Jan. 1, 2009.