Louisiana § RS 22:1482.2 - Premium discount for dashboard cameras with telematics; liability portion of policies; commercial motor vehicles

§ RS 22:1482.2. Premium discount for dashboard cameras with telematics; liability portion of policies; commercial motor vehicles

            A. The purpose of this Section is to enhance public safety, reduce insurance fraud, and lower costs of claims by incentivizing the use of dashboard cameras paired with telematics systems in commercial motor vehicles, thereby warranting a reduction in liability insurance premiums.

            B. For the purposes of this Section, the following terms have the following meanings:

            (1) "Commercial motor vehicle" means the same as the term is defined in R.S. 32:401 and includes fleet operations.

            (2) "Dashboard camera" means a dashboard-mounted video recording device capable of continuous loop recording with a minimum resolution of 1080p, designed to capture footage of the road ahead of the vehicle.

            (3) "Liability premium" means the portion of an insurance premium attributable to bodily injury liability and property damage liability coverage under a commercial motor vehicle insurance policy.

            (4) "Telematics system" means a device or software integrated with a vehicle that collects and transmits real-time data on driving behavior, including but not limited to speed, braking, and mileage, to an insurer, fleet owner, or third-party vendor designated by an insurer or policyholder.

            C.(1) Every insurer authorized to issue commercial motor vehicle insurance policies in this state, except for a surplus lines insurer, shall provide a discount on the liability premium for each commercial motor vehicle equipped with a dashboard camera and telematics system meeting the requirements of this Section. The insurer shall provide the discount in an amount actuarially justified based on loss experience, claims data, or other relevant factors.

            (2) The discount required in this Subsection does not extend to collision, comprehensive, or other coverage types unless otherwise determined by the insurer.

            D.(1) To qualify for the discount, the policyholder shall ensure the dashboard camera and telematics system both comply with all of the following:

            (a) Be installed and operational at the time of policy issuance or renewal.

            (b) Meet minimum technical standards as prescribed by the commissioner, including compatibility between the dashboard camera and telematics system for data verification.

            (c) Remain in continuous use during the policy term, subject to verification pursuant to Subsection E of this Section.

            (2) The policyholder shall provide proof of installation and operation, such as a certificate from a licensed vendor or telematics data report, upon request of the insurer.

            E.(1) Insurers shall annually verify compliance through the policyholder's submission of a telematics summary report or a signed affidavit attesting to the continuous operation of the dashboard camera and telematics system.

            (2) A policyholder's failure to maintain an operational dashboard camera and telematics system shall result in the forfeiture of the discount at the next policy renewal, unless the discount is reinstated upon proof of compliance.

            F.(1) Each insurer shall submit an annual report to the commissioner by March first of each year, detailing all of the following:

            (a) The number of commercial motor vehicles receiving the discount.

            (b) The aggregate savings provided to policyholders pursuant to this Section.

            (c) Any observed changes in claim frequency or severity attributable to dashboard cameras and telematics usage.

            (2) The commissioner shall compile and submit a summary of these reports to the House Committee on Insurance and Senate Committee on Insurance by June first of each year.

            G. The commissioner shall promulgate and adopt rules and regulations in accordance with the Administrative Procedure Act that are necessary to implement this Section, including but not limited to technical standards for dashboard cameras and telematics systems, verification procedures, and exemptions for insurers demonstrating actuarial justification that the discount is not warranted based on claims data specific to their portfolio.

            H. Any insurer found to be in willful noncompliance with this Section is subject to the penalties of R.S. 22:1969.

            Acts 2025, No. 19, §1, eff. Jan. 1, 2026.