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Bill > H1007


MA H1007

Relative to insurance points surcharges


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to insurance points surcharges. Financial Services.

AI Summary

This bill amends Section 113B of Chapter 175 of the General Laws to prohibit the Commissioner of Insurance from adding surcharge points to a motor vehicle insurance premium based on at-fault accidents or convictions of moving violations of motor vehicle laws that result in damages not exceeding $1,000. This aims to prevent insurance companies from increasing premiums for relatively minor incidents, providing some financial relief to policyholders.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

bill text


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