Requires homeowner’s insurance providers to provide two months’ notice before increasing any policy more that 20%. Also caps rate increases for policy holders that are 65 years of age or older and meet certain income limits.

Introduced

Feb 7, 2025

Last Action

Mar 25, 2025

Session

RI 2025

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03/25/2025 Committee recommended measure be held for further study

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AN ACT RELATING TO INSURANCE-CASUALTY INSURANCE GENERALLY-LIMITATIONS ON POLICY CANCELLATIONS AND RENEWALS

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