SB 0890 Requires Payment Under Every Auto Liability Insurance Policy
LR Number:S2847.01I Fiscal Note:2847-01
Committee:Insurance and Housing
Last Action:02/14/96 - Hearing Conducted S Insurance & Housing Committee
Effective Date:August 28, 1996
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Current Bill Summary

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.