DOVER, Del.- Senator Spiros Mantzavinos introduced Senate Concurrent Resolution 111 which creates a task force to examine auto insurance rates.
The Automotive Insurance Reform Task Force will have multiple objectives, including reforming medical payment structures, suppressing increases in insurance costs, and helping businesses and residents keep more of their wages.
Advocates say medical care needed after car accidents has become one of the largest auto insurance expenses. Senate Concurrent Resolution 111 seeks to change state systems and standardize this expense with the goal of reducing this financial burden for low and middle-income families.
"Over the last several months, we've heard unprecedented concern from constituents struggling to keep up with soaring electricity bills and the rising cost of living," said Sen. Spiros Mantzavinos. “With car insurance rates now climbing too, SCR 111 brings together issue-area experts in insurance, auto repairs, law, and health care to find real solutions and deliver much-needed financial relief to Delaware families.”
In addition to focusing on the reduction of insurance rates, the task force also plans to engage in climate adaptation reform.
The legislation passed in the House and the Senate.