HOUSE DOCKET, NO. 933        FILED ON: 1/17/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 534

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Danielle W. Gregoire

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to homeowners insurance.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Danielle W. Gregoire

4th Middlesex

1/17/2017


HOUSE DOCKET, NO. 933        FILED ON: 1/17/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 534

By Miss Gregoire of Marlborough, a petition (accompanied by bill, House, No. 534) of Danielle W. Gregoire relative to homeowners insurance.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

An Act relative to homeowners insurance.

 

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.  Chapter 175 of the General Laws is hereby amended by inserting at the end of section 4E the following new section:-

Section 4F. (a) As used in this section, unless the context clearly requires otherwise, ''residential property'' shall mean a 1 to 4 unit dwelling used for living or sleeping.

(b) The joint underwriting association, formed pursuant to chapter 175C, and each insurer licensed to write and engage in the writing of homeowners' insurance shall make the following coverage available to residential owners: (1) first-party property coverage for response action costs incurred under chapters 21E, 21J or 21K, or regulations promulgated pursuant thereto, in response to a negligent release of petroleum from an underground storage tank.  Minimum coverage of $10,000 per occurrence for first-party property shall be made available, subject to a reasonable deductible not to exceed $1,000 per claim. For the purposes of this section, first-party property coverage shall include response action costs incurred to assess and remediate petroleum release as the result of a negligent third party impacting soil, indoor air or other environmental media on the insured's property and the reimbursement of any associated personal property damage.