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OH SB123
Bill
Status
4/30/2009
Primary Sponsor
David Goodman
Click for details
AI Summary
S.B. No. 123 Summary
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Removes prohibition on insurers charging different premium rates for private passenger automobile insurance based solely on the location of the insured's residence within municipal corporation limits.
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Strikes language from section 3901.21 of the Revised Code that previously banned geographic-based rate differentiation for auto insurance within city boundaries.
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Allows insurers to use residence location as a rating factor in setting private passenger automobile insurance premiums, reversing the existing blanket ban on this practice.
Legislative Description
To allow insurers to charge different rates for private passenger automobile insurance based upon the location of the residence of the insured within the limits of a municipal corporation.
Private passenger auto insurance-allow differential rating
Last Action
To Insurance, Commerce, & Labor
4/30/2009