Bill
H 1271
Massachusetts bill establishing homeowners insurance stabilization and repair funding mechanisms to address market withdrawal and affordability crisis.
H 1271 addresses homeowners insurance availability and affordability in Massachusetts by establishing mechanisms to fund home repairs and potentially stabilize the insurance market. The bill, sponsored by Rep. Jamie Murphy, was referred to the Financial Services Committee and a hearing is scheduled for September 2025. Specific provisions are not detailed in the available action history, but the title suggests it tackles both insurance access and repair financing solutions.
Massachusetts has faced a homeowners insurance crisis with major carriers withdrawing from the market, leaving residents to rely on the state's insurer of last resort (FAIR Plan), which is more expensive and provides less coverage. Addressing this requires both stabilizing the insurance market and helping homeowners afford necessary repairs that might otherwise lead to claims. The bill's focus on repair funding could reduce insurance claims pressure while improving home safety and property values.
Compiled from official sources — confirm details with the bill’s official record.
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