HB 456 - AS INTRODUCED
2001 SESSION
03/10
HOUSE BILL 456
This bill prohibits increases in motor vehicle insurance rates caused by coverage of a youth operator from taking effect until 90 days after the issuance of the youth operator's license, unless the youth operator is exempted from the provisions of RSA 263:14, II(c).
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
01-0032
03/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand One
AN ACT relative to automobile insurance for teenage drivers.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Liability Insurance; Rates for Motor Vehicle Insurance; Premium Increase Exception Modified. Amend RSA 412:18-b, II to read as follows:
II. An increase or decrease of the premiums for such policies for any particular age group if a statewide classification system approved by the insurance commissioner is adopted for such drivers, provided that an increase of premiums caused by coverage of a driver who holds a youth operator's license shall not take effect until 90 days after the issuance of the youth operator's license unless such driver is exempted from the provisions of RSA 263:14, II(c).
2 Effective Date. This act shall take effect 60 days after its passage.