Motor vehicle liability insurance coverage limits; increases, penalty. (SB1360)

Introduced By

Sen. Roscoe Reynolds (D-Martinsville)

Description

Motor vehicle liability insurance coverage limits; penalty. Increases the minimum motor vehicle liability insurance coverage amounts from $25,000 to $100,000 in cases of bodily injury to or death of one person, from $50,000 to $300,000 in cases of bodily injury to or death of more than one person in any one accident, and from $20,000 to $100,000 for property damage coverage. The measure also repeals provisions that allow for the registration of uninsured motor vehicles upon payment of a $500 uninsured motor vehicle fee and that provide for disposition of such funds through the Uninsured Motorist Fund. The penalty for violating certain requirements regarding the registration and operation of uninsured motor vehicles is increased from a Class 3 misdemeanor to a Class 1 misdemeanor. Amends § 38.2-1904 (“Rate standards.”), § 46.2-1529 (“Dealer records.”), § 46.2-1530 (“Buyer\u2019s order.”), § 46.2-1992.22 (“Dealer records.”), § 46.2-1992.23 (“Buyer\u2019s order.”), § 46.2-1993.22 (“Dealer records.”), § 46.2-1993.23 (“Buyer\u2019s order.”), § 46.2-214.3 (“Service charge to be imposed and collected by the Department; discount for multiyear registration.”), § 46.2-419 (“When judgment satisfied.”), § 46.2-472 (“Coverage of owner\u2019s policy.”), § 46.2-705 (“Definitions.”), § 46.2-706 (“Additional fee; proof of insurance required of applicants for registration of insured motor vehicles; verification of insurance; suspension of driver\u2019s license, registration certificates, and license plates for certain violations.”), § 46.2-707 (“Operating uninsured motor vehicle without payment of fee; verification of insurance; false evidence of insurance.”), § 46.2-708 (“Suspension of driver\u2019s license and registration when uninsured motor vehicle is involved in reportable accident; hearing prior to suspension.”), § 46.2-902.1 (“Officer may require certain motorists to furnish proof of insurance or payment of fee for registration of an uninsured motor vehicle; penalty.”), § 8.01-66.1 (“Remedy for arbitrary refusal of motor vehicle insurance claim.”), of the Code of Virginia. View Full Text »

Outcome

In the News

Generating Interest in Renewable Energy

February 4, 2011
The General Assembly has shown interest in bringing widespread renewable energy to Virginia but has yet to fully embrace the shift away from fossil fuels, environmentalists say. As the legislative session hits the halfway point, several environmental bills—including incentives for local governments and businesses to use alternative energy—are moving toward approval.

No Richmond Sunlight visitors voted on this bill while voting was open.