Bill

Bill > H1026


MA H1026

MA H1026
To provide homeowners with fair insurance premiums


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to insurance premiums for homeowners. Financial Services.

AI Summary

This bill aims to provide homeowners with fair insurance premiums. It proposes to amend Section 5 of Chapter 175A of the General Laws by prohibiting insurers from adjusting the rate of a homeowner's policy due to a claim of fire, theft, storm, or water damage where the insured is found to be not at fault. This measure is intended to protect homeowners from unfair premium increases after filing claims for which they are not responsible.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied a study order, see H4705 (on 06/03/2024)

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/193/H1026
BillText https://malegislature.gov/Bills/193/H1026.pdf
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