An Act relative to surcharges on motor vehicle insurance premiums

This bill raises the threshold for insurance surcharges after car accidents. It changes the law so that insurers cannot increase premiums for accidents where claim payments (after deductibles) are $5,000 or less. Specifically, it defines "minor accidents" as claims between $5,000 and $7,500, and "major accidents" as claims over $7,500. This directly affects car insurance policyholders who have minor accidents without large claims, preventing unnecessary premium hikes.