S 820
An Act relative to reducing racial and socioeconomic inequities in auto insurance premium pricing
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill aims to address potential racial and socioeconomic inequities in how auto insurance premiums are calculated in Massachusetts. It proposes a study to examine whether factors beyond driving history and vehicle type contribute to unfairly high premiums for certain demographic groups. The study’s findings would then inform potential policy changes to promote more equitable pricing practices within the state’s auto insurance market. Ultimately, the goal is to ensure that insurance costs reflect actual risk while minimizing disparities based on race or socioeconomic status.
Sponsors
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Primary sponsor
Pavel M. Payano
Cosponsors
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