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MN HF3788
Bill
Status
Introduced
2/28/2022
Primary Sponsor
Erin Koegel
Click for details
AI Summary
- Prohibits insurers offering automobile insurance in Minnesota from using underwriting standards or guidelines other than vehicle value, average miles driven, and applicant driving record to determine rates.
- Amends Minnesota Statutes 2020, section 72A.20 by adding subdivision 23a.
- Effective July 1, 2022, applying to automobile insurance policies issued or renewed on or after that date.
- Authored by Koegel, Davnie, Carlson, Reyer, and Gomez; referred to the Committee on Commerce Finance and Policy.
Legislative Description
Automobile insurance underwriting restricted.
Last Action
Introduction and first reading, referred to Commerce Finance and Policy
2/28/2022
Committee Referrals
Commerce Finance & Policy2/28/2022
Full Bill Text
No bill text available