The bill amends Section 27-9-4 of the General Laws in Chapter 27-9, titled "Casualty Insurance Rating," to introduce new considerations for establishing rates and classifications for motor vehicle insurance. The key provision allows insurers issuing motor vehicle liability insurance 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 related to prohibiting the consideration of certain loss incidents involving bus drivers, law enforcement officers, and commercial vehicle drivers, nor does it address the treatment of widowed individuals or protections for seniors aged 65 and older. Overall, the bill focuses on the use of zip code information in premium calculations.

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