An Act relative to home owners insurance and funding repairs
Take action
Take a stance or write a position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill addresses homeowners insurance and funding for repairs related to damage caused by severe weather events. It proposes establishing a state fund to assist homeowners in Massachusetts who have incurred significant repair costs due to events like flooding, storms, and wildfires, which may not be fully covered by standard insurance policies. The bill aims to provide financial assistance to help homeowners rebuild and recover after such disasters. It also seeks to clarify insurance coverage requirements for these types of damages.
Key provisions
- Creates a state fund to provide financial assistance to homeowners for repairs after severe weather events.
- Addresses gaps in homeowners insurance coverage for damage from flooding, storms, and wildfires.
- Establishes criteria for determining eligibility for assistance from the state fund.
- Requires insurance companies to provide clear information to homeowners about coverage for these types of events.
- Specifies the types of repairs that are eligible for funding.
Who is affected
- Homeowners in Massachusetts
- Insurance companies
- State government
- Emergency management agencies
Notable changes
- Expands coverage for certain types of weather-related damage beyond standard insurance policies.
- Establishes a new state funding mechanism to supplement private insurance coverage.
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
James M. Murphy
Cosponsor
James M. Murphy
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours