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HD 2164

An Act relative to an investigation to review flood insurance rates

194th Legislature (2025-2026) Introduced by Bruce Ayers

Massachusetts investigates flood insurance rate structure and fairness to address affordability concerns for residents in flood-prone areas.

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Bill Summary · HD 2164

Legislative bill overview

HD 2164 directs the state to conduct a comprehensive investigation and review of flood insurance rates in Massachusetts, examining their structure, fairness, and impact on residents and property owners. The bill appears designed to gather data and analysis on whether current flood insurance pricing adequately reflects actual risk or creates undue burdens on homeowners, particularly in vulnerable coastal and flood-prone areas.

Why is this important

Flood insurance rates have become increasingly costly for many Massachusetts residents, particularly after major storms and climate-related flooding events. Understanding whether rates are equitable and sustainable is critical for housing affordability and property values in flood-prone regions, as insurance costs directly affect homeowner expenses and community development decisions.

Potential points of contention

  • Cost of investigation vs. actionable outcomes: The bill mandates an investigation but doesn't specify what action would follow findings, raising questions about whether resources spent will lead to meaningful rate changes or regulatory reform
  • Federal vs. state authority: Most flood insurance is governed through the National Flood Insurance Program (federal), limiting state power to unilaterally change rates; the bill's practical leverage over federal rates is unclear
  • Insurance industry concerns: Insurers may argue that rates reflect actuarial risk and that state intervention could destabilize the market or cause carriers to exit Massachusetts

Compiled from official sources — confirm details with the bill’s official record.

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