summary
Introduced
01/22/2019
01/22/2019
In Committee
03/02/2020
03/02/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to homeowners insurance. Financial Services.
AI Summary
This bill amends Chapter 175 of the General Laws to require the joint underwriting association and insurers licensed to write homeowners' insurance to make certain coverages available to residential property owners. Specifically, the bill mandates that first-party property coverage be provided for response action costs incurred in response to a negligent release of petroleum from an underground storage tank, including costs to assess and remediate the release and reimburse any associated personal property damage. The minimum coverage required is $10,000 per occurrence, subject to a deductible not exceeding $1,000 per claim.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling (on 03/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H994 |
| Bill | https://malegislature.gov/Bills/191/H994.pdf |
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