Bill > H4042

This bill modifies existing Massachusetts insurance law by establishing a new provision that requires homeowners insurance providers, including the state's joint underwriting association, to provide at least 60 days' notice before canceling a homeowner's insurance policy. The bill aims to give homeowners more time to respond to potential policy cancellations, which could include finding alternative insurance coverage or addressing the underlying reasons for the proposed cancellation. By mandating a minimum 60-day notification period, the legislation provides additional consumer protection for homeowners, ensuring they have sufficient time to make alternative arrangements if their current insurance policy is being terminated. The proposed change will be added to Chapter 175 of the Massachusetts General Laws, specifically as a new section (4C½) that applies to all insurers licensed to write homeowners insurance in the state.

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https://malegislature.gov/Bills/194/H4042