MS HB564

Requires uninsured motorist bodily injury coverage limits to equal bodily injury liability coverage limits by default for policies issued after July 1, 2013, unless the insured selects lower limits in writing.

Requires uninsured motorist property damage coverage limits to equal property damage liability coverage limits by default for policies issued after July 1, 2013, unless the insured selects lower limits in writing.

Establishes that once an insured selects lower coverage limits in writing, those limits may continue on renewal policies from the same insurer unless the insured requests higher limits.

Requires reapplication of default matching limits whenever a new application is submitted for renewal, reinstatement, or replacement transactions, even if lower limits were previously selected.

Maintains minimum coverage requirements that cannot fall below those mandated by the Mississippi Motor Vehicle Safety Responsibility Law.