HARRY HUGHES, Governor                                 5101

Sincerely,
Harry Hughes
Governor

Senate Bill No. 572

AN ACT concerning

Motor Vehicle Insurance - Premium Discount

FOR the purpose of allowing motor vehicle insurers to grant
discounts in premiums for certain motor vehicle
insurance coverage for insureds over a certain age; and
establishing certain conditions to qualify for the
premium discount.

BY adding to

Article 48A - Insurance Code

Section 242(c)(8)

Annotated Code of Maryland

(1979 Replacement Volume and 1981 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
read(s) as follows:

Article 48A - Insurance Code

242.

(c) All rates shall be made in accordance with the
following principles:

(8) AN INSURER MAY PROVIDE A REDUCTION IN RATES
BASED ON ACTUARIAL JUSTIFICATION, FOR MOTOR VEHICLE PERSONAL
INJURY AND PROPERTY DAMAGE COVERAGE, TO AN INSURED WHO:

(I)  IS AT LEAST 55 YEARS OF AGE; AND

(II)  WITHIN THE LAST 2 YEARS, HAS
COMPLETED SUCCESSFULLY A COURSE IN ACCIDENT PREVENTION:

1.  THAT IS APPROVED BY THE MOTOR
VEHICLE ADMINISTRATION;

2.  THAT INCLUDES CLASSROOM
INSTRUCTION OR PRACTICE DRIVING OF THE NUMBER OF HOURS THAT
THE MOTOR VEHICLE ADMINISTRATION REQUIRES; AND