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By Ms. Richardson of Framingham, petition (accompanied by bill, House, No. 1067) of Pam Richardson and others for legislation to protect homeowner's insurance from cancellation. Financial Services. |
The Commonwealth of Massachusetts
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PETITION OF:
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In the Year Two Thousand and Seven.
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An Act relative to protect homeowner's insurance from unfair cancellation. |
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Section 3, subsection 9 of chapter 176D of the General Laws is hereby amended by adding at the end thereof a new subparagraph:-
(o) Cancellation or failure to renew a homeowner’s insurance policy that has been in place for no less that five years with two or fewer claims or no less that ten years with three or fewer claims.