An Act relative to auto insurance costs for traditionally low-and moderate income communities
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill addresses the high cost of auto insurance in Massachusetts communities that have historically been low- and moderate-income. It aims to explore potential solutions to make auto insurance more affordable for residents in these areas. The bill directs the Committee on Financial Services to study the issue and recommend strategies for addressing the problem. It is part of a series of similar bills introduced over the years.
Key provisions
- Directs the Committee on Financial Services to study auto insurance costs.
- Focuses on communities historically designated as low- and moderate-income.
- Seeks to identify and recommend strategies for affordability.
- Related to existing bills H.3572, H.1064, H.1158, and H.1098.
Who is affected
- Residents of traditionally low- and moderate-income communities in Massachusetts
- Auto insurance consumers in Massachusetts
- Massachusetts communities with low- and moderate-income populations
Notable changes
- The bill initiates a study to examine auto insurance affordability.
- It builds upon previous legislative efforts addressing similar concerns.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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