2013 -- H 5028

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LC00188

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO MOTOR AND OTHER VEHICLES -- INSURANCE RATES

     Introduced By: Representatives Fellela, Cimini, Walsh, Edwards, and Messier

     Date Introduced: January 09, 2013

     Referred To: House Corporations

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 31-47-18 of the General Laws in Chapter 31-47 entitled "Motor

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Vehicle Reparations Act" is hereby amended to read as follows:

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     31-47-18. Automobile liability insurance rates. -- Any general or public law to the

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contrary notwithstanding, the commissioner shall, after consulting with all insurers licensed to

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write automobile liability insurance in this state, promulgate regulations which provide that

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automobile liability insurance rates shall not take into account the credit history or credit score of

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the applicant for insurance, but shall only take into account the past claim experience of the

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applicant for the insurance and incorporate the principles used in so called "merit rating" or

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"experience rating" rate plans which are now in effect in other states.

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     SECTION 2. This act shall take effect upon passage.

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LC00188

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO MOTOR AND OTHER VEHICLES -- INSURANCE RATES

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     This act would prevent the consideration of an applicant’s credit history in determining

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automobile insurance rates.

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     This act would take effect upon passage.

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LC00188

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