Establishes a commission to investigate insurance costs for manufactured home residents in Massachusetts.
The bill creates a special commission to study the availability, affordability, and regulatory treatment of homeowners insurance for manufactured and mobile homes in Massachusetts. The commission will explore causes of rising premiums, insurer participation, state regulations, and the effectiveness of existing consumer protections. It will also compare Massachusetts' regulatory burden and rate trends with other states. The commission will submit its findings and recommendations to relevant legislative committees within twelve months.
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