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: (Failed) 2019-02-26 - Failed in s/c Property & Casualty Subcommittee of Insurance Committee [HB0317 Detail]

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

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