summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
Relative to the notice of non-renewal of a homeowner’s insurance policy. Financial Services.
AI Summary
This bill modifies Chapter 175 of the General Laws by adding a new section that provides homeowners with additional protections when their insurance policy is not being renewed. Specifically, the bill gives the named insured (the primary policyholder) a 180-day period after receiving a non-renewal notice to meet the requirements for continuing their insurance coverage. This provision offers homeowners an extended timeframe to address any issues that may have led to the non-renewal, such as resolving property condition concerns or finding alternative insurance, potentially helping prevent unexpected lapses in homeowner's insurance coverage. The bill aims to provide more flexibility and protection for homeowners during what can be a stressful transition period when their current insurance policy is set to be discontinued.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Joint Committee on Financial Services Hearing (10:30:00 9/15/2025 A-1) (on 09/15/2025)
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/194/H1344 |
| BillText | https://malegislature.gov/Bills/194/H1344.pdf |
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