MA S719

Bill

Expanding automobile insurance coverage options to include the diminished value of automobiles

Introduced
03/29/2021

In Committee
02/17/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to expand automobile insurance coverage options to include the diminished value of automobiles. Financial Services.

AI Summary

This bill expands automobile insurance coverage options to include coverage for the diminished value of automobiles. The bill amends the existing state law to require insurers to offer additional optional coverage for the diminished value of an insured vehicle resulting from a collision caused by an identified negligent third party. It also mandates that insurers file a plan with the state insurance commissioner to allow for direct payment to the insured for the diminished value of the vehicle, prior to the completion of repair work, subject to certain conditions and dispute resolution procedures.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (1)

Patrick O'Connor (R)*,

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 02/17/2022)

Official Document

https://malegislature.gov/Bills/192/S719

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/S719
Bill	https://malegislature.gov/Bills/192/S719.pdf

Bill	Bill Name	Last Action	Type
H1070	Expanding automobile insurance coverage options to include the diminished value of automobiles	No further action taken	Similar To
S1290	Establishing a commission to encourage acceptance of insurance by outpatient mental health providers	Accompanied a study order, see H5229	Similar To
S166	Relative to Digital Right to Repair Act	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2347	Relative to peer to peer car sharing	Accompanied a study order, see S2712	Similar To
S658	Relative to prescription drug voice synthesizers	Accompanied a study order, see S2800	Similar To
S661	Relative to commonwealth automobile reinsurers	Bill reported favorably by committee and referred to the committee on Senate Rules	Similar To
S787	Establishing a public health option	Accompanied a study order, see S2800	Similar To
S803	Relative to coverage for chronic illness	Accompanied S771	Similar To

Bill > S719

MA S719

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

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bill summary

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