2016 -- H 7587

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LC003505

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2016

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A N   A C T

RELATING TO MOTOR AND OTHER VEHICLES - INSURANCE RATES

     Introduced By: Representatives Fellela, Messier, Costantino, and Serpa

     Date Introduced: February 11, 2016

     Referred To: House Corporations

     It is enacted by the General Assembly as follows:

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

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

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

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

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

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

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

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

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

     SECTION 2. This act shall take effect upon passage.

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LC003505

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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

automobile insurance rates.

     This act would take effect upon passage.

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LC003505

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