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 surcharges on motor vehicle insurance premiums. Financial Services.
AI Summary
This bill amends existing laws related to surcharges on motor vehicle insurance premiums. Specifically, it increases the threshold for a surcharge-eligible accident from $1,000 to $5,000, defines "minor" and "major" accidents based on claim payment amounts, and prohibits insurers from applying premium increases for at-fault accidents that do not meet the criteria for "minor" or "major" accidents. The changes aim to provide some relief for drivers involved in minor accidents by limiting the situations where insurers can impose premium surcharges.
Committee Categories
Business and Industry
Sponsors (6)
Mary Keefe (D)*,
Joan Meschino (D)*,
Dan Donahue (D),
Carmine Gentile (D),
David LeBoeuf (D),
Brian Murray (D),
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/H1065 |
| BillText | https://malegislature.gov/Bills/193/H1065.pdf |
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