Bill

Bill > H1236


MA H1236

Relative to automobile insurance premiums


summary

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

Introduced Session

192nd General Court

Bill Summary

Relative to motor vehicle insurance premiums. Financial Services.

AI Summary

This bill aims to amend the existing automobile insurance law in Massachusetts. Specifically, it reduces the number of years from 5 to 3 that an insurer can consider a driver's at-fault accident when determining insurance premiums. Additionally, the bill caps the premium increase for a driver's first at-fault accident at 35% of the existing premium. These changes are intended to provide some relief to drivers who have had an at-fault accident and to limit the financial impact of such incidents on their insurance costs.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

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

bill text


bill summary

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bill summary

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