Bill > H5570

This bill amends Rhode Island's insurance laws to prohibit casualty insurance groups, carriers, or companies from imposing a premium surcharge or penalty against an insured person solely for inquiring about the specific terms of their insurance policy. The new provision, which will be added to Section 27-9-4 of the General Laws in the chapter on Casualty Insurance Rating, ensures that customers can ask questions about their policy without fear of financial repercussions. Specifically, the bill clarifies that while insurers cannot penalize someone for simply asking about policy details, they still retain the right to adjust premiums or ratings based on actual policy changes or losses. The legislation is designed to protect consumers by ensuring transparency and preventing punitive actions by insurance providers for routine policy inquiries. The bill is set to take effect on January 1, 2026, giving insurance companies time to adjust their practices to comply with the new regulation.

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