Bill > H916

This bill proposes to amend Chapter 175 of the General Laws to eliminate penalty charges when individuals cancel their auto insurance policies, particularly prepaid ones, or switch to a different insurance provider. Under the proposed changes, policyholders would be entitled to a prorated refund for the exact number of days they paid for coverage, without incurring any additional surcharges or expenses beyond the period the policy was active. This aims to ensure fairness for consumers who no longer need their existing auto insurance.