MS HB382

Requires uninsured motorist bodily injury coverage limits to automatically equal bodily injury liability coverage limits for policies issued after July 1, 2018, unless the insured selects lower limits in writing.

Requires uninsured motorist property damage coverage limits to automatically equal property damage liability coverage limits for policies issued after July 1, 2018, unless the insured selects lower limits in writing.

Allows insureds to select lower uninsured motorist coverage limits in writing, but not below the minimum limits required by the Mississippi Motor Vehicle Safety Responsibility Law.

Once an insured selects lower coverage limits in writing, those lower limits may continue on renewal policies by the same insurer unless the insured requests higher limits in writing.

Applies the automatic equal limits requirement to any renewal, reinstatement, or replacement transaction where a new application is submitted, treating it the same as a new policy issuance.