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ID S1286

Bill

Status

Introduced

2/9/2018

Primary Sponsor

Commerce and Human Resources Committee

Click for details

Origin

Senate

2018 Regular Session

AI Summary

  • Increases minimum liability insurance requirements for motor vehicles from $25,000/$100,000/$15,000 to $250,000/$5,100,000/$150,000 for bodily injury and property damage coverage.

  • Proof of financial responsibility now requires $250,000 coverage for bodily injury to or death of one person in any accident.

  • Requires $5,100,000 coverage for bodily injury to or death of two or more persons in any accident.

  • Requires $150,000 coverage for property damage in any accident.

  • Effective date is July 1, 2019, and applies to all policies, coverages, and contracts written or renewed on or after January 1, 2019.

Legislative Description

Amends existing law to revise the definition of “proof of financial responsibility.”

MOTOR VEHICLES AND FINANCIAL RESPONSIBILITY

Last Action

Reported Printed; referred to Commerce & Human Resources

2/12/2018

Committee Referrals

Commerce and Human Resources2/12/2018
Judiciary and Rules2/9/2018

Full Bill Text

No bill text available