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Bill > H1033


MA H1033

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


summary

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

Introduced Session

192nd 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 providers to extend rebates or partial refunds of motor vehicle liability insurance policy premiums to customers with safe driving records who were not involved in any incidents that would result in a surcharge during the policy period. The bill amends existing laws to allow insurance companies to offer such incentives, as long as they first submit their plan to and receive approval from the insurance commissioner.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

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

bill text


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