Rhode IslandAN ACT RELATING TO INSURANCE-CASUALTY INSURANCE GENERALLY-LIMITATIONS ON POLICY CANCELLATIONS AND RENEWALS
What it does
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.
Where do you stand?
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 2503/25/2025 Committee recommended measure be held for further studyLatest
- Mar 2103/21/2025 Scheduled for hearing and/or consideration (03/25/2025)
- Feb 702/07/2025 Introduced, referred to House CorporationsIntroduced