Bill > H1197

This bill proposes to modify insurance regulations by preventing the Massachusetts commissioner of insurance from adding surcharge points to motor vehicle insurance premiums for at-fault accidents or moving traffic violations that result in damages of $2,500 or less. Currently, insurance companies often increase premiums (known as "surcharges") when drivers are involved in accidents or receive traffic tickets, which can make insurance more expensive. By setting a $2,500 threshold, the bill aims to protect drivers from premium increases for relatively minor incidents. The change would apply to motor vehicle insurance classifications of risk, meaning insurers would be prohibited from automatically raising rates for small-scale accidents or minor traffic violations. The bill would take effect immediately upon passage, providing immediate relief to drivers who might otherwise face increased insurance costs for minor infractions or low-damage accidents.

Budget and Finance, Business and Industry

https://malegislature.gov/Bills/194/H1197