The bill amends Section 27-9-4 of the General Laws in Chapter 27-9, titled "Casualty Insurance Rating," to introduce new provisions regarding the establishment of rates for motor vehicle insurance. Key insertions include a stipulation that, effective January 1, 2026, insurers may not consider losses involving bus drivers, law enforcement officers, or commercial vehicle drivers while they are on duty when determining rates for personal motor vehicles. Additionally, the bill mandates that widowed individuals be treated the same as married individuals in terms of insurance rates, and it protects insured individuals aged 65 and older from being penalized solely based on their age if they have a clean driving record for the past three years.

Furthermore, the bill allows insurers to use the zip code of where a vehicle is garaged for calculating premiums, provided that the calculation is segmented by municipality, effective from July 1, 2027. The provisions of this subsection shall be effective for policies issued or renewed on or after that date. The act is set to take effect upon passage.

Statutes affected:
2431: 27-9-4