CT SB00017

Requires the Insurance Commissioner to adopt regulations establishing standards for private passenger nonfleet automobile insurance policies that use verified actual mileage as a rating factor, effective October 1, 2012.

Regulations must include statewide mileage verification methods, reporting requirements for insureds and insurers, and procedures for premium adjustments based on verified mileage.

Permits insurers to offer mileage-based policies in addition to estimated mileage policies, but prohibits requiring insureds to purchase mileage-based policies or provide actual mileage data as a condition of obtaining coverage.

Amends existing statute to clarify that the Commissioner's regulation deadline applies only to subsections (a) through (c) of the mileage insurance provisions.