Motor vehicle insurance; interest charges on installment payments
M.G.L. c. 175, § 193B1/2
in effectc. 175, § 193B1/2. Motor vehicle insurance; interest charges on installment payments
Section 193B1/2. Any insurance company which accepts payments of motor vehicle insurance premiums in installments shall calculate the interest charge only on the unpaid balance due as of the billing date.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter175/Section193B1~2Fetched: 10/20/2026
