HOUSE DOCKET, NO. 1462 FILED ON: 2/8/2021
HOUSE . . . . . . . . . . . . . . . No. 1158
|
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Frank A. Moran
_________________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to auto insurance costs for traditionally low-and moderate income communities.
_______________
PETITION OF:
Name: | District/Address: | Date Added: |
Frank A. Moran | 17th Essex | 2/8/2021 |
Christina A. Minicucci | 14th Essex | 2/24/2021 |
Elizabeth A. Malia | 11th Suffolk | 2/24/2021 |
Diana DiZoglio | First Essex | 2/26/2021 |
HOUSE DOCKET, NO. 1462 FILED ON: 2/8/2021
HOUSE . . . . . . . . . . . . . . . No. 1158
By Mr. Moran of Lawrence, a petition (accompanied by bill, House, No. 1158) of Frank A. Moran and others relative to auto insurance costs for traditionally low-and moderate income communities. Financial Services. |
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Second General Court
(2021-2022)
_______________
An Act relative to auto insurance costs for traditionally low-and moderate income communities.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
The commissioner of insurance shall conduct an investigation and study of the impact of geographic location data in automobile insurance rate calculation. The commissioner shall evaluate, at a minimum: (1) the automobile insurance premiums for each zip code in the commonwealth; (2) the difference in automobile insurance premiums for drivers with equivalent driving factors, such as accidents and miles driven per year, in low income, moderate income, and high income zip codes; (3) the risk factors for each zip code in the commonwealth; and (4) the discriminatory impact on drivers in low and moderate income zip codes. The commissioner shall make recommendations and shall submit findings to the joint committee on transportation and to the house and senate committees on ways and means not later than December 31, 2022.