HB 982 Summary

• Mandates uninsured motorist bodily injury coverage in all automobile liability insurance policies issued or delivered after January 1, 1967, with minimum limits matching the Mississippi Motor Vehicle Safety Responsibility Law.

• Mandates uninsured motorist property damage coverage in all automobile liability insurance policies issued or delivered after January 1, 1980, with minimum limits matching the Mississippi Motor Vehicle Safety Responsibility Law.

• Allows insureds to elect higher uninsured motorist limits up to the limits of their bodily injury or property damage liability coverage, or lesser limits of their choosing above the statutory minimum.

• Permits a $200 deductible on property damage uninsured motorist coverage and excludes compensation already received from other insurance or sources.

• Eliminates the ability of insureds to reject uninsured motorist coverage in writing, making coverage mandatory rather than optional.

• Takes effect July 1, 2014.