Contact Congress about S. 2349: INSURE Act

The bill would give property insurers federal backup for very large disaster losses. Insurers would pay into a Treasury-run fund, and the program would phase in coverage for wind, hurricanes, storms, wildfires, floods, and possibly earthquakes.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

INSURE Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Latest action on S. 2349: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Who this affects: This bill mainly affects people and businesses in places where disasters make property insurance hard to find or expensive. It also affects insurers that sell home or business property coverage, because they would have to meet program rules to receive federal backup. State insurance offices, federal financial agencies, lenders, banks, and consumer groups would also have roles in the program or its oversight.

Why this matters: Big disasters can push insurers to raise prices or leave risky areas, and this bill tries to make that less likely. It would put a federal backup behind some extreme losses while making insurers pay into a fund first. The bill could help stabilize insurance markets, but it could also expose the federal government to large costs if disasters overwhelm the fund.

Key provisions in S. 2349

• Creates a federal backup insurance program for huge property disaster losses. The Treasury Secretary would run it for qualified primary insurers, meaning companies that sell insurance directly to customers.
• Insurers that join must sell state-approved all-perils property insurance for homes or businesses. They also must work with policyholders on steps that help prevent or reduce disaster damage.
• The program adds disaster types over time. It covers wind and hurricanes by year 4, severe storms and wildfires by year 5, floods by year 6, and possibly earthquakes by year 8 if a study says that can work.
• Treasury must set the point when each insurer can start getting paid after a covered disaster. That trigger cannot be more than 40% of the insurer's likely worst-case loss for that disaster type.
• Participating insurers must pay premiums every quarter. Treasury can base those premiums only on expected yearly losses, program costs, and a factor for changing risk, with a price floor and limits on most yearly increases.

How Modern Action helps you take action on S. 2349

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about S. 2349

What is S. 2349?

The bill would give property insurers federal backup for very large disaster losses. Insurers would pay into a Treasury-run fund, and the program would phase in coverage for wind, hurricanes, storms, wildfires, floods, and possibly earthquakes.

How do I support or oppose S. 2349?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about S. 2349?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain S. 2349 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.