H1063
Type: B Origin: House Massachusetts Comments: 0

Relative To Insurance Discounts

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The "Relative to Insurance Discounts" bill aims to regulate insurance discounts by prohibiting insurers from denying discounts based on an individual's credit score, income level, education, occupation, or homeownership status. This bill seeks to ensure fair and non-discriminatory practices in providing insurance discounts. It emphasizes that eligibility for discounts should be solely determined by factors directly related to risk assessment. If passed, this bill could lead to more equitable access to insurance discounts for consumers regardless of their financial or social background.

Bill Activity

  • 2023-02-16: Referred to the Joint Committee on Financial Services

  • 2023-02-16: Senate concurred

  • 2023-04-24: Hearing scheduled for 05/08/2023 from 10:00 AM-01:00 PM in A-2

  • 2024-05-30: Accompanied a study order, see H4691

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