HB107 - Increases the required amount of automobile liability insurance for damage to property from $25,000 to $35,000

HB 107

Increases the required amount of automobile liability insurance for damage to property from $25,000 to $35,000

Sponsor:

LR Number:

0435H.01I

Committee:

Last Action:

3/2/2023 - Referred: Insurance Policy

Journal Page:

H749

Title:

Effective Date:

House Handler:

Barnes

Current Bill Summary

HB 107 Barnes, Jerome

HB 107 -- MOTOR VEHICLE FINANCIAL RESPONSIBILITY

SPONSOR: Barnes

Currently, Missouri law requires motor vehicle owners to maintain financial responsibility. The insurance coverages must be at least $25,000 bodily injury or death of one person; $50,000 bodily injury or death of two or more persons; and $25,000 property damage. This bill raises the minimum coverage for property damage to $35,000.

This bill is similar to HB 1724 (2019) and HB 900 (2017).

Amendments

No Amendments Found.