Pennsylvania 2025-2026 Regular Session

Pennsylvania House Bill HB2078

Introduced

12/3/25

Refer

12/3/25

Caption

In financial responsibility, further providing for special provisions relating to premiums.

Impact

The bill introduces a structured approach to premium increases, which could lead to substantial financial benefits for policyholders across Pennsylvania. By capping annual increases at 5%, the legislation is designed to ensure a level of predictability for drivers budgeting their insurance costs. The measure may also compel insurance companies to maintain competitive rates, thereby enhancing overall financial responsibility in the marketplace. This could result in wider access to automobile insurance for individuals, especially for those with a clean driving record.

Summary

House Bill 2078 aims to amend Title 75 of the Pennsylvania Consolidated Statutes concerning financial responsibility and insurance premiums. The key provision introduced in this bill is the limitation on premium increases for automobile insurance policies. Specifically, the bill proposes that insurers shall not raise the premium rate of a policyholder by more than 5% annually, provided there hasn’t been a conviction for offenses outlined in section 1535. This modification focuses on protecting responsible drivers from significant financial burdens due to uncontrollable premium hikes.

Contention

While the bill has been generally well-received among proponents advocating for consumer protection, there are potential points of contention. Critics may argue that this cap on premium increases could reduce the flexibility of insurance providers to adjust rates according to market conditions and inflation. There is also a concern about the long-term implications this bill may have on the financial viability of insurance companies operating within the state. As insurers might face increased pressure to conform to such limitations, discussions around equity and balance in insurance pricing could intensify.

Latest PA HB2078 Activity

View All Events: PA 2025-2026 Regular Session HB2078

Companion Bills

No companion bills found.

Previously Filed As

PA HB1009

In financial responsibility, further providing for required financial responsibility.

PA SB864

In financial responsibility, further providing for required financial responsibility.

PA HB710

In financial responsibility, further providing for required financial responsibility and providing for online verification of financial responsibility.

PA HB893

In financial responsibility, further providing for rates.

PA SB1156

In financial responsibility, further providing for required financial responsibility and providing for online verification of financial responsibility.

PA HB1516

In financial responsibility, further providing for driver improvement course discounts.

PA HB1497

In financial responsibility, further providing for driver improvement course discounts.

PA HB1205

In general provisions relating to vehicles, further providing for definitions; in financial responsibility, providing for mini trucks; providing for additional special vehicles; and, in inspection of vehicles, further providing for operation of vehicle without official certificate of inspection and providing for vehicles exempt from emission inspections.

PA HB1865

In insurance premiums tax, further providing for imposition of tax.

PA HB1710

In certificate of title and security interests, further providing for application for certificate of title; in registration of vehicles, further providing for registration and certificate of title required and for period of registration, repealing provisions relating to temporary registration cards and to temporary registration permits, providing for transition from temporary registration cards, permits and plates and further providing for transfer of registration, for duties of agents and for issuance and reissuance of registration plates; in financial responsibility, further providing for required financial responsibility; in fees, further providing for temporary and electronically issued registration plates; in Motor Vehicle Transaction Recovery Fund, further providing for enforcement; in powers of department and local authorities, further providing for proportional registration not exclusive; in messenger service, further providing for agent duties and responsibilities; and, in liquid fuels and fuels tax, further providing for electric vehicle road user charge.

Similar Bills

No similar bills found.