S 3367
Requires liability insurance coverage for special automobile insurance policies.
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- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill mandates that special automobile insurance policies, offered to low-income individuals, must include liability insurance coverage. The coverage amounts are tiered based on the policy's issuance date, starting at $5,000 and increasing over time. It also establishes specific requirements for the policy form and how insurers are assigned policies. Finally, it clarifies that these policies are not considered ‘uninsured motor vehicles’ for certain purposes.
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