Bill

Bill > H1227


MA H1227

MA H1227
To increase limits of liability bonds and policies to protect consumers involved in motor vehicle collisions


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to increase limits of liability bonds and policies to protect consumers involved in motor vehicle collisions. Financial Services.

AI Summary

This bill aims to increase the limits of liability bonds and policies to protect consumers involved in motor vehicle collisions. Specifically, it proposes to amend Section 34A of Chapter 90 of the General Laws to change the liability coverage limits from $20,000 to $50,000 for bodily injury or death of one person, and from $40,000 to $100,000 for bodily injury or death of two or more people in a single accident. These changes are intended to provide greater financial protection for consumers in the event of a motor vehicle collision.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H5003 (on 08/25/2022)

bill text


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