Bill

Bill > S2431


RI S2431

RI S2431
Permits on and after July 1, 2027, for an insurer to consider the zip code in which the vehicle is garaged provided that the calculation of the zip code is segmented by the municipality where the vehicle is garaged.


summary

Introduced
02/06/2026
In Committee
02/06/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would permit, on and after July 1, 2027, for an insurer to consider the zip code in which the vehicle is garaged provided that the calculation of the zip code is segmented by the municipality where the vehicle is garaged. This act would take effect upon passage.

AI Summary

This bill, effective upon passage, allows insurance companies to consider the zip code where a vehicle is garaged when calculating insurance premiums for motor vehicle liability insurance, starting on July 1, 2027, but only if the zip code calculation is further broken down by the specific municipality within that zip code where the vehicle is garaged.

Committee Categories

Business and Industry

Sponsors (10)

Last Action

Introduced, referred to Senate Commerce (on 02/06/2026)

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