An Act relative to home owners insurance and funding repairs
Read second and ordered to a third reading
Summary
The bill adds a new section to Massachusetts insurance law that bars any licensed homeowner‑insurance company or the joint underwriting association from putting a condition in policies that forces a homeowner to finish a repair before the insurer releases the estimated repair money. It applies to all homeowner insurance policies in the state. The change is intended to protect policyholders by ensuring they can receive repair funds without first having to complete the work.
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