MS HB602

Amends Mississippi Code Section 63-15-3 to revise the definition of "proof of financial responsibility" for motor vehicles

Establishes separate liability insurance minimums for noncommercial motor vehicles: $25,000 per person, $50,000 per accident for bodily injury/death, and $25,000 for property damage

Establishes higher liability insurance minimums for commercial motor vehicles: $100,000 per person, $300,000 per accident for bodily injury/death, and $100,000 for property damage

Insurance policies may contain exclusions and limitations on coverage if the language or form has been filed with and approved by the Commissioner of Insurance

Effective date is July 1, 2017