MS HB896

Uninsured motorist bodily injury coverage limits shall automatically equal the bodily injury liability coverage limits for policies issued after July 1, 2023, unless the named insured specifically selects lower limits in writing.

Uninsured motorist property damage coverage limits shall automatically equal the property damage liability coverage limits for policies issued after July 1, 2023, unless the named insured specifically selects lower limits in writing.

Any lower limits selected in writing by the insured may be carried forward in renewal policies by the same insurer, but new applications for renewal, reinstatement, or replacement transactions must apply these automatic equal limits provisions as if issuing a new policy.

Insurers must inform applicants on an insurance department-approved form about the benefits of uninsured motorist coverage, and written rejection of coverage by the named insured is binding on all persons insured under the policy.

Minimum coverage limits cannot fall below those required by the Mississippi Motor Vehicle Safety Responsibility Law.