MS HB692

Amends Section 83-11-101 of the Mississippi Code to eliminate the option for insured individuals to reject uninsured motorist coverage for bodily injury and property damage claims.

Removes language allowing named insureds to write to reject uninsured motorist bodily injury coverage or opt out of property damage coverage on policy renewals.

Requires all automobile liability insurance policies issued after the effective date to include mandatory uninsured motorist coverage at minimum limits set by the Mississippi Motor Vehicle Safety Responsibility Law, with options to increase coverage limits.

Allows a $200 deductible on uninsured motorist property damage claims and excludes coverage for losses already compensated by other insurance.

Takes effect July 1, 2013.