2007 House Bill 4674

Prohibit insurance price hike during term of paid-up policy

Introduced in the House

April 26, 2007

Introduced by Rep. Tory Rocca (R-30)

To prohibit an auto or home insurer from increasing the premium during the term of a policy once the premium has been paid in part or in full, unless the premium was based on incorrect information provided by the insured.

Referred to the Committee on Insurance

May 10, 2007

Reported without amendment

With the recommendation that the amendments be adopted and that the bill then pass.

Nov. 12, 2008

Amendment offered

To remove a provision that would have prohibited an insurer from changing a price quote before the a customer has paid any premiums.

The amendment passed by voice vote

Passed in the House 73 to 35 (details)

Received in the Senate

Nov. 13, 2008

Referred to the Committee on Economic Development and Regulatory Reform