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Bill > H903


MA H903

MA H903
Authorizing insurance providers to extend motor vehicle liability insurance rebates to customers with safe driving records


summary

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

Introduced Session

191st General Court

Bill Summary

By Mr. Ayers of Quincy, a petition of Bruce J. Ayers and James M. Murphy that insurance companies be authorized to extend rebates to clients with safe driving records. Financial Services.

AI Summary

This bill authorizes insurance companies to extend rebates or partial refunds to policyholders with safe driving records who were not involved in any chargeable incidents during the policy period. The bill amends existing laws to clarify that insurance providers can offer such incentives, provided they submit their plan to and receive approval from the state insurance commissioner before implementing the program. The goal is to encourage safe driving by rewarding policyholders with a clean record.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

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

bill text


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