Maryland SB351 regulates the use of vehicle operation data in private passenger motor vehicle insurance policies.

Maryland SB351 modifies insurance regulations to ensure that insurers cannot use data from vehicle operation programs to unfairly discriminate or impact premium rates without actuarial justification. Insurers must establish a process for policyholders to correct or appeal data issues. The Maryland Insurance Administration is required to adopt regulations on data collection and reporting. Insurers must disclose the use of such programs to applicants and policyholders. The bill also restricts premium increases based on such data to increments of at least a certain number of months.

Maryland SB351 regulates the use of vehicle operation data in private passenger motor vehicle insurance policies.

Maryland SB351 modifies insurance regulations to ensure that insurers cannot use data from vehicle operation programs to unfairly discriminate or impact premium rates without actuarial justification. Insurers must establish a process for policyholders to correct or appeal data issues. The Maryland Insurance Administration is required to adopt regulations on data collection and reporting. Insurers must disclose the use of such programs to applicants and policyholders. The bill also restricts premium increases based on such data to increments of at least a certain number of months.