Summary:

 Senate Bill 284 (SB 284) declares that foster children are not residents of foster homes for purposes of homeowners insurance.  

Legislation Overview:

 Senate Bill 284 (SB 284) enacts a new section of the New Mexico Insurance Code, stating that a minor child placed in substitute care or foster care by the Children, Youth and Families Department or by a licensed child placement agency is not disqualified from coverage under any premises liability insurance policy as a result of the child's placement status. 

Current Law:

 The New Mexico Insurance Code does not currently prohibit disqualification for insurance coverage based on foster child placement in the home to be insured.