summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to the motor vehicle insurance classifications of risks for surchargeable incidents. Financial Services.
AI Summary
This bill aims to prohibit automobile insurance companies from basing their rates, premium charges, or risk classifications on the city or town where an accident or surchargeable incident occurs, or the rate of such incidents within a particular town or city. However, the bill allows insurance companies to set rates based on the city or town where drivers involved in accidents or surchargeable incidents permanently reside. This change is intended to ensure that insurance rates are not unfairly influenced by the location of accidents, but can still reflect the driving record of individual policyholders.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Accompanied a study order, see H4778 (on 07/18/2018)
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/190/H515 |
| Bill | https://malegislature.gov/Bills/190/H515.pdf |
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