Bill > H1176

This bill amends an existing law to require homeowners' insurance companies to include specific consumer complaint information directly on policy renewal notices or documents that indicate a premium increase. Specifically, insurance companies must now print details about filing an insurance complaint with the division of insurance, including the consumer's right to file a complaint about premium changes or policy modifications. The required information must include the phone number and contact details for the division of insurance's consumer service unit, as well as the webpage where consumers can submit complaints online. This information must be placed in the sentence immediately following the part of the document that shows the new premium amount. The goal of this bill appears to be improving transparency and making it easier for homeowners to understand their rights and know how to seek assistance if they have concerns about their insurance coverage or premium increases.

Business and Industry

https://malegislature.gov/Bills/194/H1176