Bill
Bill > H930
MA H930
Authorizing insurance providers to extend motor vehicle liability insurance rebates to customers with safe driving records
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
By Representative Ayers of Quincy, a petition of Bruce J. Ayers that insurance companies be authorized to extend rebates to clients with safe driving records. Financial Services.
AI Summary
This bill authorizes insurance companies to extend rebates or partial refunds of motor vehicle liability insurance policy premiums to policyholders who are considered safe drivers under the safe driver insurance plan and were not involved in any surchargeable incidents during the policy period. The bill requires insurance companies offering such a program to submit their plan to the commissioner for approval before implementation and to extend the rebate or refund incentive to all policyholders meeting the criteria. The bill also amends existing law to remove restrictions on these types of rebate or refund programs.
Committee Categories
Business and Industry
Sponsors (1)
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/H930 |
| BillText | https://malegislature.gov/Bills/193/H930.pdf |
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