The bill amends Section 27-9-4 of the General Laws in Chapter 27-9, titled "Casualty Insurance Rating," to introduce new considerations for insurance rates. Specifically, it permits motor vehicle liability insurance carriers to utilize the zip code of where a vehicle is garaged when calculating policy premiums, provided that the calculation is segmented by the municipality where the vehicle is garaged. This provision will take effect for policies issued or renewed on or after July 1, 2026. The bill does not include provisions regarding incidents involving bus drivers, law enforcement officers, or commercial vehicle drivers, nor does it address the treatment of widowed individuals or protections for seniors based on age. Overall, the bill aims to establish a more equitable framework for calculating motor vehicle insurance premiums.

Statutes affected:
5104: 27-9-4
5104  SUB A: 27-9-4