Motor vehicle insurance; underinsured motor vehicle. (SB1195)

Introduced By

Sen. Mark Obenshain (R-Harrisonburg) with support from co-patron Sen. Scott Surovell (D-Mount Vernon)

Progress

✓	Introduced
✓	Passed Committee
☐	Passed House
☐	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Motor vehicle insurance; underinsured motor vehicle. Provides that a motor vehicle is underinsured when the total amount of bodily injury and property damage coverage applicable to the operation or use of the motor vehicle and available for payment for such bodily injury or property damage, including all bonds or deposits of money or securities, is insufficient to fully compensate any person injured as a result of the operation or use of the vehicle. Currently, a motor vehicle is underinsured when such coverage is less than the total amount of uninsured motorist coverage afforded any person injured as a result of the operation or use of the vehicle. Read the Bill »

Status

01/25/2021: passed committee

History

Date	Action
01/11/2021	Prefiled and ordered printed; offered 01/13/21 21102246D
01/11/2021	Referred to Committee on Commerce and Labor
01/18/2021	Impact statement from SCC (SB1195)
01/25/2021	Senate committee, floor amendments and substitutes offered
01/25/2021	Reported from Commerce and Labor with substitute (12-Y 1-N) (see vote tally)
01/25/2021	Committee substitute printed 21103201D-S1
01/27/2021	Impact statement from SCC (SB1195S1)
01/27/2021	Constitutional reading dispensed (39-Y 0-N)