SB 0890 | Requires Payment Under Every Auto Liability Insurance Policy |
Sponsor: | CLAY | ||
LR Number: | S2847.01I | Fiscal Note: | 2847-01 |
Committee: | Insurance and Housing | ||
Last Action: | 02/14/96 - Hearing Conducted S Insurance & Housing Committee | ||
Title: | |||
Effective Date: | August 28, 1996 | ||
SB 890 - Every motor vehicle liability policy shall extend
its coverage to all vehicles owned by, leased to, or loaned to
the insured individual. An individual with more than one
liability policy may collect damages under each policy, except
the liability payments may not exceed the damages suffered by the
individual. Individuals need buy only one liability insurance
policy, no matter how many vehicles are owned.
MIKE HOEFERKAMP