An Act relative to the compulsory automobile insurance limits

This bill raises the state's minimum required auto insurance coverage for bodily injury from $5,000 to $25,000, directly affecting all Massachusetts drivers who must carry liability insurance. The change takes effect on January 1, 2025, and also mandates that the insurance commissioner conduct a study every ten years to review whether these limits remain adequate while considering their impact on insurance premiums. The study will compare Massachusetts' limits with other states and include input from insurance industry representatives before the commissioner submits findings and potential future legislation to the legislature by July 2025.