An Act to provide homeowners with fair insurance premiums

This bill amends Massachusetts insurance laws to prevent insurers from raising homeowners' premiums solely because a claim for fire, theft, storm, or water damage was filed. The key provision prohibits rate adjustments based on these claims if the homeowner is found not at fault for the incident. Directly affecting homeowners and insurance companies, the measure aims to ensure that claim history alone does not lead to higher costs for policyholders who were not responsible for the loss. By restricting how insurers can modify rates after specific types of claims, the bill seeks to provide more stability and fairness in insurance pricing.