Comments: TN SB0307 | 2019-2020 | 111th General Assembly

Bill Title: As introduced, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2019. - Amends TCA Title 55 and Title 56.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-03-19 - Assigned to General Subcommittee of Senate Commerce & Labor Committee [SB0307 Detail]

Text: Latest bill text (Draft #1) [PDF]

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