Update SENATE TO VOTE THIS MORNING: Increased Auto Premiums for Low-Income Marylanders HB 825 will be on third reader for final passage on the Senate floor this morning.
This legislation seeks to increase the amount of insurance that vehicle owners must carry. The result will be higher premiums for 200,000 Marylanders - many of whom are low-income individuals - who currently carry the minimum liability insurance required by law because that is all that they can afford.
Policyholders could see increases ranging from $60 for vehicles on the lower Eastern Shore to $300 in Baltimore. Low-income Baltimore City residents already pay some of the highest rates in the state, and a rate hike of such magnitude would be unmanageable.
HB 825 will put auto insurance out of reach for vulnerable residents who are already struggling to make ends meet in this economy. For Maryland's low-wage workforce, the ability to drive is critical.
Act Now Contact the Senate this morning and urge them to vote against this legislation.