Senate Bill 1075 Summary

• Increases minimum motor vehicle liability insurance limits effective July 1, 2019: bodily injury/death from $15,000 per person/$30,000 per accident to $25,000 per person/$50,000 per accident; property damage from $10,000 to $25,000 per accident.

• Clarifies uninsured and underinsured motorist coverage requirements, including that insurers must offer coverage at time of application on director-approved forms and send policy declarations to named insured.

• Allows insurers to forgo offering uninsured/underinsured motorist coverage on policy reinstatement, transfer, substitution, modification, renewal, or when minimum liability limits change.

• Permits named insureds to purchase underinsured motorist coverage in any amount up to policy liability limits (minimum limits prescribed in section 28-4009 for uninsured motorist coverage).

• Applies to automobile liability and motor vehicle liability policies issued, reinstated, or renewed on or after July 1, 2019.