Bill Text: HI SB745 | 2021 | Regular Session | Introduced
Bill Title: Relating To Motor Vehicle Insurance.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-02-04 - The committee on TRS deferred the measure. [SB745 Detail]
Download: Hawaii-2021-SB745-Introduced.html
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THE SENATE |
S.B. NO. |
745 |
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THIRTY-FIRST LEGISLATURE, 2021 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to motor vehicle insurance.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 287-25, Hawaii Revised Statutes, is amended to read as follows:
"§287-25 Owner's policy requirements. An owner's policy of liability insurance:
(1) Shall designate by explicit description or by appropriate reference all motor vehicles with respect to which coverage is thereby to be granted;
(2) Shall insure the person named therein and any
other person, as insured, using any such motor vehicle or motor vehicles with
the express or implied permission of the named insured, against loss from the
liability imposed by law for damages arising out of the ownership, maintenance,
or use of the motor vehicle or motor vehicles within the State and such other
places as the policy provides, subject to limits exclusive of interest and
costs, with respect to each such motor vehicle, as follows: [$10,000] $30,000 because of
bodily injury to or death of [one] any person in any one accident,
[and subject to such limit for one person, $20,000 because of bodily injury
to or death of two or more persons in any one accident,] and [$5,000]
$50,000 because of injury to or destruction of property of others in any
one accident."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval and shall apply to any motor vehicle insurance policies issued or renewed on or after its effective date.
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INTRODUCED BY: |
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Report Title:
Motor Vehicle Liability Insurance; Minimum Coverage Requirements; Bodily Injury; Property Damage
Description:
Increases the minimum insurance coverage requirement for bodily injury liability coverage to $30,000 for bodily injury or death of any person in any one accident and removes limits for two or more persons in any one accident. Increases the minimum insurance coverage requirement for property damage to $50,000.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
