Provision for Establishment of Clean Fuel Vehicle Insurance Incentives

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An insurer may credit or refund any portion of the premium charged for an insurance policy on a clean fuel vehicle in order to encourage its policyholders to use clean fuel vehicles, as long as insurance premiums on other vehicles are not increased to fund these credits or refunds. Clean fuels include, but are not limited to, natural gas, propane, hydrogen, alcohol fuels containing not less than 85% alcohol by volume, and electricity. (Reference House Paper 779, 2019, and Maine Revised Statutes Title 24-A, Section 2303-B)