Bill Would Mandate Discounted Insurance Rates for Young Military Members [View all]
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/
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