Motor vehicle liability insurance; increases coverage amounts. (SB1182)

Introduced By

Sen. Scott Surovell (D-Mount Vernon) with support from co-patron Sen. Lamont Bagby (D-Richmond)

Description

Motor vehicle liability insurance coverage limits. Increases the motor vehicle liability insurance coverage amounts from $25,000 to $30,000 in cases of bodily injury to or death of one person and from $50,000 to $60,000 in cases of bodily injury to or death of two or more persons from any one accident, for policies effective between January 1, 2022, and January 1, 2025. For policies effective after January 1, 2025, the bill increases the motor vehicle liability insurance coverage amounts to $50,000 in cases of bodily injury to or death of one person, $100,000 in cases of bodily injury to or death of two or more persons from any one accident, and from $20,000 to $25,000 for injury to or destruction of property of others as a result of any one accident. The bill requires that self-insured operators of taxicabs maintain protection against uninsured and underinsured drivers with limits of $25,000, $50,000, and $20,000, respectively, with respect to each motor vehicle. The bill has a delayed effective date of January 1, 2022. Read the Bill »

Status

03/18/2021: signed by governor

History