Reps. Royce, Duckworth Push to Allow Servicemembers to Keep Their Car Insurance When Moving Across State Lines
Press Release
Today, U.S. Rep. Ed Royce (R-Calif.), a senior member of the House Financial Services Committee, and U.S. Rep. Tammy Duckworth (D-Ill.), a veteran of the Iraq war and a member of the House Armed Services Committee, introduced the Servicemembers Insurance Relief Act (H.R. 4669).
The legislation would allow members of the military and their families to keep their current auto insurance policy when they move from state to state, as their orders often require. It also makes the current state-based insurance regulatory system more accommodating to servicemembers that currently have to change auto insurance policies every time they relocate across state lines.
"Members of the military must change auto insurance policies with every move across state lines, and the Servicemembers Insurance Relief Act eliminates that cumbersome requirement for our brave men and women in uniform," said Rep. Royce. "This bipartisan legislation makes a simple but meaningful change to current law that will lessen the burden on servicemembers and their families during times of transition."
"Members of our military serve around the globe and make enormous sacrifices while doing so. As they move their families around the country, we should be doing everything within our power to allow them to do their jobs to the best of their ability. The Servicemembers Insurance Relief Act is an important step in that direction," said Rep. Duckworth.
Introduction of the bill follows a 2013 report by the Federal Insurance Office of the U.S. Department of the Treasury that declared eliminating the auto insurance change requirement for relocating servicemembers as a way to improve and modernize insurance regulation.
The bill was introduced on Monday, May 19, and is expected to be referred to the House Financial Services Committee. Reps. Royce and Duckworth encourage swift action from their colleagues to pass this bill as soon as possible.
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