Bill

Bill > A3247


NJ A3247

NJ A3247
Prohibits homeowners' insurers from raising rates of insured on basis of insured's appeal of claim determination.


summary

Introduced
03/07/2022
In Committee
03/07/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill prohibits insurers that are authorized to transact the business of homeowners' insurance in this State from assigning risk to a rating plan or otherwise raising the rates of an insured on the basis of an insured's appeal of a claim determination of the insurer.

AI Summary

This bill prohibits homeowners' insurers from raising the rates of an insured on the basis of the insured's appeal of a claim determination made by the insurer. The bill applies to insurance contracts delivered, issued, executed, or renewed on or after the effective date of the legislation.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 03/07/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...