The House chairman of the Legislature’s Insurance and Financial Services Committee said Tuesday that he will try to block any effort by Progressive Corp. to raise car insurance premiums for seniors in Maine based solely on their age.
“Auto insurance companies should not be able to penalize seniors simply because they are getting older,” Rep. Henry Beck, D-Waterville, said in a written statement. “I am pursuing legislation that will make that completely clear, whether it involves existing customers of a particular insurance company or seniors who are shopping around for a new insurer. We have an obligation to protect the independence of Maine seniors. Fairness in auto insurance rates is part of that.”
Beck, a fourth-term House member who represents parts of Waterville and Oakland, was responding to a Portland Press Herald report on Ohio-based Progressive’s efforts to seek state regulatory approval to raise car insurance premiums for seniors based on their age.
The proposed change would apply only to new Progressive customers in the state.