summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to surcharges on motor vehicle insurance premiums. Financial Services.
AI Summary
This bill amends Massachusetts law to increase the threshold for surcharges on motor vehicle insurance premiums. Specifically, it raises the minimum claim amount for an "at-fault accident" to be considered a "surchargeable incident" from $1,000 to $3,000. It also defines a "minor accident" as one with a claim payment between $3,000 and $5,000, and a "major accident" as one with a claim payment exceeding $5,000. The bill prohibits insurers from applying premium increases for at-fault accidents that do not meet the criteria for a minor or major accident.
Committee Categories
Business and Industry
Sponsors (8)
John Barrett (D),
Susan Gifford (R),
Jim Hawkins (D),
David Linsky (D),
Joan Meschino (D),
Mike Moore (D),
Brian Murray (D),
Timothy Whelan (R),
Last Action
Accompanied a study order, see H5160 (on 12/01/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H3653 |
Bill | https://malegislature.gov/Bills/191/H3653.pdf |
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