Bill > H897

This bill, concerning homeowner insurance, proposes two key changes: first, it allows insurance companies to offer policies that specifically exclude coverage for wind-related damages, meaning homeowners would not be protected by their policy for losses caused by wind; and second, it directs the Massachusetts Property Insurance Underwriting Association (MPIUA), which acts as a market of last resort for certain types of insurance, to create and manage a program to provide coverage for wind-based damages to individuals who cannot secure such insurance through regular, private insurance companies.