HOUSE DOCKET, NO. 480        FILED ON: 1/13/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1098

 

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.

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PETITION OF:

 

Name:

District/Address:

Date Added:

Frank A. Moran

17th Essex

1/13/2023

Estela A. Reyes

4th Essex

2/8/2023

Francisco E. Paulino

16th Essex

11/15/2023


HOUSE DOCKET, NO. 480        FILED ON: 1/13/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1098

By Representative Moran of Lawrence, a petition (accompanied by bill, House, No. 1098) of Frank A. Moran and Estela A. Reyes relative to motor vehicle insurance costs for traditionally low-and moderate income communities.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Third General Court
(2023-2024)

_______________

 

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, 2024.