2018 -- S 2870

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LC005532

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2018

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A N   A C T

RELATING TO MOTOR AND OTHER VEHICLES - INSURANCE RATES

     

     Introduced By: Senators Lynch Prata, Cano, Crowley, and Quezada

     Date Introduced: May 03, 2018

     Referred To: Senate Judiciary

     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.

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     Any general or public law to the contrary notwithstanding, the commissioner shall, after

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consulting with all insurers licensed to write automobile liability insurance in this state,

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promulgate regulations which provide that automobile liability insurance rates shall not take into

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account the credit history or credit score of the applicant for insurance, but shall only take into

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account the past claim experience of the applicant for the insurance and incorporate the principles

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used in so called "merit rating" or "experience rating" rate plans which are now in effect in other

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states.

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     SECTION 2. This act shall take effect upon passage.

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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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