HB1319: HB1319 Insurance; premium discount for motor vehicles with certain antitheft devices; provisions

26 LC 52 1032 House Bill 1319 By: Representative Carpenter of the 4th A BILL TO BE ENTITLED AN ACT To amend Chapter 9 of Title 33 of the Official Code of Georgia Annotated, relating to1 regulation of rates, underwriting rules, and related organizati ons, so as to provide for a2 premium discount for motor vehicles with certain antitheft devi ces in private passenger3 automobile insurance and commercial motor vehicle insurance that include comprehensive4 coverage; to provide for a definition; to provide for the Commi ssioner of Insurance to5 approve rate filings; to provide for rules and regulations; to provide for related matters; to6 provide for an effective date and applicability; to repeal conf licting laws; and for other7 purposes.8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:9 SECTION 1.10 Chapter 9 of Title 33 of the Official Code of Georgia Annotated , relating to regulation of11 rates, underwriting rules, and related organizations, is amende d by adding a new Code12 section to read as follows:13 H. B. 1319 - 1 - 26 LC 52 1032 "33-9-45.14 (a) As used in this Code section, the term 'antitheft device' means any aftermarket kill15 switch designed to prevent unauthorized use. Such term shall n ot include an ignition16 interlock device as such term is defined in Code Section 42-8-110.17 (b) Any insurer authorized to write private passenger automobile insurance or commercial18 motor vehicle insurance within this state may provide a premium discount for motor19 vehicles with antitheft devices. Such discounts shall apply to comprehensive coverage and20 shall be approved as part of the insurer's rate filing.21 (c) The Commissioner shall be authorized to promulgate any rul es and regulations22 necessary for the implementation of the provisions of this Code section."23 SECTION 2.24 This Act shall become effective on July 1, 2026, and shall appl y to all private passenger25 automobile insurance rate filings submitted on or after such date.26 SECTION 3.27 All laws and parts of laws in conflict with this Act are repealed.28 H. B. 1319 - 2 -