Arkansas has enacted Senate Bill 48, which, among other provisions, is adding clarification regarding deductible disclosure. The bill states that for owner-occupied residential property insurance policies, all deductibles included under the policy must be disclosed, as applicable, in a clear and conspicuous manner on the policy declaration page or notice of renewal. For owner-occupied residential property insurance policies that contain separate deductible levels by peril, the deductible amounts along with the policy's all other peril deductible, if applicable, must be displayed on the policy declaration page or notice of renewal.

Please see Senate Bill 48 for more information.