H.R. 827, known as the "Homeowners’ Defense Act of 2025," was introduced to make homeowners' insurance for catastrophic events more accessible and affordable. The bill proposes the establishment of a National Catastrophe Risk Consortium to help manage insurance risks and...
Simple Explanation
The Homeowners' Defense Act of 2025 is a plan to help people get affordable home insurance in case of big natural disasters, like earthquakes or storms. It suggests ways for the government and states to work together to manage and pay for these insurances, making sure homes can be fixed and people stay safe.