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WV HB2202
Bill
Status
Introduced
2/12/2025
Primary Sponsor
Brandon Steele
Click for details
AI Summary
- Increases minimum bodily injury liability coverage from $20,000 per person to $25,000, and from $40,000 per accident to $50,000 for multiple persons
- Raises property damage liability coverage from $10,000 to $25,000 per accident
- Establishes higher coverage requirements beginning January 1, 2026: $50,000 per person for bodily injury, $100,000 per accident for multiple persons, and $50,000 for property damage
- Allows insurance policies in effect on December 31, 2025 meeting current minimum requirements to remain valid until the policy expires or is renewed
Legislative Description
Increasing mandatory insurance coverage limits for proof of financial responsibility
Insurance
Last Action
To House Banking and Insurance
2/17/2025
Committee Referrals
Banking & Insurance2/17/2025
Finance2/12/2025
Full Bill Text
No bill text available