Bill Would Mandate Discounted Insurance Rates for Young Military Members

[TexasTowelie]

Active-duty members of the military between the ages of 18 and 24 would be underwritten at insurance rates for those 25-years of age and older under a new bill proposed in the Georgia legislature.

The bipartisan bill is sponsored by Representatives Mike Glanton, Richard Smith, Carl Gilliard, Ron Stephens, Calvin Smyre, and Jesse Petrea. House Bill 61 was filed on Monday.

HB 61 creates a new code section by adding language for OCGA 33-9-43.1 to require private insurance companies to offer reduced car insurance rates for active duty military members on their personal and family vehicles.

The language reads that there shall be a “reduction in the premium for motor vehicle liability, first-party medical, and collision coverage for each named driver under 25 years of age.” 25 is typically a cut-off for lower insurance rates as drivers become more experienced on the roadways.

Read more: http://evans.allongeorgia.com/georgia-state-politics/bill-would-mandate-discounted-insurance-rates-for-young-military-members/

[delisen]

1. Georgia allows incredibly high rates and this kind of carve out will increase premiums

for the the rest of the people.

[tazkcmo]

2. Yes, it will.

I joined the Army days after my 23rd b-day to be able to care for my wife and 2 very young children and I went through BT with these 18 y/o. They are just as irresponsible in terms of automobile usage as those outside the military. I was one myself and drove like a New York cab driver.

My point is, instead of forcing private businesses to discount their prices for any specific group but in particular this particular case, how about we spend the current gazillion dollar DoD budget in a wiser, efficient and personnel centered fashion?

It's a nice gesture but It's a slippery slope we shouldn't be treading down. A voluntary program of some kind is great but mandates? As a vet I don't care for their method even while It's a nice thought.