INSURANCE-AUTOMOBILE COVERAGE

Summary

The bill caps renewal premium increases at 10% unless insurers give a 60‑day notice to the policyholder and the Department of Insurance. It also requires insurers to offer premium discounts to drivers over 55 who complete an approved defensive‑driving or crash‑prevention course, and forbids using zip codes, credit scores or age over 65 to raise rates, deny renewal, or cancel policies. The changes are meant to make auto insurance pricing more transparent and fair.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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