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Bill > H874


MA H874

MA H874
Relative to insurance points surcharges


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to insurance points surcharges. Financial Services.

AI Summary

This bill proposes an amendment to Section 113B of Chapter 175 of the General Laws, which deals with insurance. Specifically, it aims to prevent the commissioner of insurance from creating rules or regulations that would add extra charges, known as surcharge points, to a motor vehicle insurance premium. These additional charges would be based on accidents where the driver was at fault or on moving violations of traffic laws, but only if the damages from those incidents do not exceed $1,000. This change is intended to provide some relief to drivers by preventing minor at-fault incidents or violations from immediately increasing their insurance costs.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Accompanied a study order, see H4111 (on 03/28/2016)

bill text


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