Massachusetts H1220 creates exceptions to surcharges on motor vehicle insurance premiums.

Massachusetts H1220 amends Chapter 175 of the General Laws to establish exceptions to surcharges on motor vehicle insurance premiums. Specifically, it excludes surcharges for accidents involving only property damage of five thousand dollars or less, the first accident involving property damage over five thousand dollars, the first two speeding violations, and any motor vehicle infraction. This bill aims to provide relief to policyholders facing surcharges due to minor incidents or infractions.

Massachusetts H1220 creates exceptions to surcharges on motor vehicle insurance premiums.

Massachusetts H1220 amends Chapter 175 of the General Laws to establish exceptions to surcharges on motor vehicle insurance premiums. Specifically, it excludes surcharges for accidents involving only property damage of five thousand dollars or less, the first accident involving property damage over five thousand dollars, the first two speeding violations, and any motor vehicle infraction. This bill aims to provide relief to policyholders facing surcharges due to minor incidents or infractions.