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OK HB2080
Bill
Status
4/7/2011
Primary Sponsor
Mike Brown
Click for details
AI Summary
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Amends 36 O.S. 2001, Section 3636 to prohibit insurers from increasing uninsured motorist coverage limits through "stacking" of multiple vehicle policies.
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Defines stacking as combining coverage of multiple motor vehicles to increase payment limits for owners with multiple vehicles involved in accidents with uninsured or underinsured motorists.
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Maintains requirement that uninsured motorist coverage be offered at amounts equal to bodily injury liability limits, but prevents combining separate vehicle policies to exceed those limits.
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Effective date is November 1, 2011.
Legislative Description
Insurance; prohibiting stacking of motor vehicle insurance policies; effective date.
Motor Vehicles and Transportation
Last Action
Failed in Committee - Retirement and Insurance
4/7/2011