# Hawaii SB 2962: RELATING TO INSURANCE.

Hawaii SB 2962, RELATING TO INSURANCE., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Angus L.K. McKelvey (Democratic); status failed, last action 2026-02-17 (Re-Referred to CPN.) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-SB2962-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 2962
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO INSURANCE.
- Status: failed
- Chamber: Senate
- Introduced: 2026-01-23
- Last action: 2026-02-17, Re-Referred to CPN.
- Sponsor: Angus L.K. McKelvey (Democratic)
- Cosponsors: 8
- Subjects: Homeowners Insurance, Rebuilding or Purchase at Different Location, Combination of Coverage Limits, Notice, CPN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Prohibits homeowners insurance policies from limiting or denying payment of replacement costs, extended replacement costs, or building code upgrade costs for a dwelling solely because the insured elects to rebuild the dwelling at a different location or purchase an already-constructed home at a different location. Allows for the combination of dwelling and other structures coverage limits to fund the rebuilding or replacement of the primary residence under certain conditions. Requires notice to policyholders.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Angus L.K. McKelvey (Democratic), Senate
- Cosponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Carol Fukunaga (Democratic), Senate
- Cosponsor: Mike Gabbard (Democratic), Senate
- Cosponsor: Troy N. Hashimoto (Democratic), Senate
- Cosponsor: Lorraine R. Inouye (Democratic), Senate
- Cosponsor: Michelle N. Kidani (Democratic), Senate
- Cosponsor: Karl Rhoads (Democratic), Senate
- Cosponsor: Joy A. San Buenaventura (Democratic), Senate

## Actions (4)

- 2026-02-17: Re-Referred to CPN. (Senate)
- 2026-01-30: Referred to PSM, CPN. (Senate)
- 2026-01-26: Passed First Reading. (Senate)
- 2026-01-23: Introduced. (Senate)

## Bill text

- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2962_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2962_.pdf)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- SB 2338: RELATING TO HOUSING. (signed)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2964: RELATING TO PROPERTY INSURANCE. (signed)

## Sources
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2962_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2962_.pdf)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [SB 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [HB 2344: RELATING TO SCHOOL FACILITIES.](https://policyrisk.com/state-bill/HI-HB2344-2026)
- [HB 2023: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2023-2026)
- [HB 2021: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2021-2026)
- [SB 2964: RELATING TO PROPERTY INSURANCE.](https://policyrisk.com/state-bill/HI-SB2964-2026)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/HI-SB2962-2026 (as of 2026-11-01).