Bill
Bill > H561
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to eliminate penalty charges when cancelling motor vehicle insurance policies. Financial Services.
AI Summary
This bill aims to eliminate penalty charges when cancelling auto insurance policies. It proposes amending Chapter 175 of the General Laws to require insurers to provide policyholders with a pro-rata refund for the exact number of days the policy was in effect when they change insurance companies or cancel pre-paid policies, without any additional surcharges or fees beyond the actual days the policy was active.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Accompanied a study order, see H4778 (on 07/18/2018)
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/190/H561 |
| Bill | https://malegislature.gov/Bills/190/H561.pdf |
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