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ID S1268

Bill

Official Source

Status

Passed

3/20/2012

Primary Sponsor

Commerce and Human Resources Committee

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Increases the maximum permissible deductible for comprehensive coverage from $150 to $250 as a condition to automobile insurance policy renewal
  • Increases the maximum permissible deductible for collision or physical damage coverage from $300 to $500 as a condition to automobile insurance policy renewal
  • Amends Section 41-2511 of the Idaho Code to establish these new deductible limits
  • Allows insurers to require these higher deductibles when policyholders renew their automobile insurance policies

Legislative Description

Amends existing law to provide for an increase in permissive deductibles for comprehensive coverage and collision or physical damage coverage as a condition to renewal.

INSURANCE DEDUCTIBLES

Last Action

Governor signed Session Law Chapter 90 Effective: 07/01/12

3/20/2012

Committee Referrals

Business2/20/2012
Commerce and Human Resources1/30/2012

Full Bill Text

No bill text available