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A MEMORIAL

REQUESTING THAT THE INSURANCE DIVISION OF THE PUBLIC

REGULATION COMMISSION STUDY THE EFFECTS OF DEDUCTIBLES FOR

COMPREHENSIVE COVERAGE FOR WINDSHIELD REPAIR AND REPLACEMENT

COVERAGE WITH RESPECT TO INSURANCE RATES, CONSUMER SAFETY AND

INSURANCE PRACTICES WITH RESPECT TO PREMIUM OR RATE DISCOUNTS

FOR THOSE CONSUMERS WHO MAINTAIN FAVORABLE CLAIM HISTORIES

OVER TIME.

WHEREAS, the availability of affordable insurance

coverage is of public importance for consumers in New Mexico;

and

WHEREAS, deductibles and the waiver of such deductibles

for comprehensive coverage for windshield repair and

replacement coverage affect the cost of such coverage; and

WHEREAS, the failure of consumers to effectuate repairs

or replacement of damaged windshields could affect the safety

of operating motor vehicles with damaged windshields; and

WHEREAS, because consumer premiums and rates may be

affected by deductibles and the waiver of such deductibles for

comprehensive coverage for windshield repair and replacement

coverage, this study should include insurance industry

practices with respect to premium or rate discounts for those

consumers who maintain favorable claim histories over time;

NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF

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REPRESENTATIVES OF THE STATE OF NEW MEXICO that the insurance

division of the public regulation commission be requested to

study the effects of deductibles for comprehensive coverage

for windshield repair and replacement coverage with respect to

insurance rates, consumer safety and insurance industry

practices with respect to premium or rate discounts for those

consumers who maintain favorable claim histories over time;

and

BE IT FURTHER RESOLVED that the insurance division of

the public regulation commission be authorized to request

assistance and counsel of any parties that may be affected by

or be knowledgeable about vehicle insurance; and

BE IT FURTHER RESOLVED that the insurance division of

the public regulation commission submit its findings and

conclusions to the public regulation commission on or before

November 1, 2007; and

BE IT FURTHER RESOLVED that a copy of this memorial be

transmitted to the insurance division of the public regulation

commission.