MS HB682

Requires policyholders to reject uninsured motorist coverage both "knowingly and intelligently" and in writing, rather than allowing passive rejection or default non-coverage.

Applies the heightened rejection standard to both bodily injury coverage (required since 1967) and property damage coverage (required since 1980) under uninsured motorist provisions.

Mandates that insurers inform named insureds or applicants of the benefits and reasons for electing uninsured motorist coverage on a Department of Insurance-approved form during the sale or issuance of auto liability policies.

Establishes that a written rejection form signed by the named insured constitutes binding rejection for all persons insured under the automobile liability policy.

Takes effect July 1, 2015.