Bill
Bill > H1098
MA H1098
Relative to auto insurance costs for traditionally low-and moderate income communities
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to motor vehicle insurance costs for traditionally low-and moderate income communities. Financial Services.
AI Summary
This bill requires the Commissioner of Insurance to conduct an investigation and study on the impact of using geographic location data in calculating automobile insurance premiums. The study will evaluate the insurance premiums for each zip code, the difference in premiums for drivers with similar driving factors in low, moderate, and high-income zip codes, the risk factors for each zip code, and the potential discriminatory impact on drivers in low and moderate-income areas. The Commissioner will make recommendations and submit the findings to the Joint Committee on Transportation and the House and Senate Committees on Ways and Means by December 31, 2024.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Accompanied a study order, see H4691 (on 05/30/2024)
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/193/H1098 |
| BillText | https://malegislature.gov/Bills/193/H1098.pdf |
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