House Bill 505

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Last Action to Banking & Insurance (H)
Title AN ACT related to motor vehicle insurance.
Bill Documents Introduced
Bill Request Number 1772
Sponsor A. Hatton
Summary of Original Version Amend KRS 304.39-320 to provide that every insurer shall provide underinsured motorist coverage in the insurance policy or supplement; provide that the insured may reject underinsured motorist coverage in writing; provide that if a named insured rejected underinsured coverage, the insurer is not required to provide coverage supplemental to a reinstatement, substitute, replacement, or amended policy issued to the same named insured by the same insurer or its affiliates unless a named insured requests the coverage in writing; require the Department of Insurance to establish a form for the rejection of coverage; amend KRS 304.39-040 to provide that every insurer writing liability insurance coverage for motorcycles shall provide coverage for basic reparation benefits, uninsured motorist coverage, underinsured motorist coverage, and added reparation benefits; allow a named insured to reject such coverage in writing; provide that if a named insured rejected basic reparations benefits, uninsured motorists coverage, and underinsured coverage, the insurer is not required to provide coverage supplemental to a reinstatement, substitute, replacement, or amended policy issued to the same named insured by the same insurer or its affiliates, unless a named insured requests the coverage in writing; require the Department of Insurance to establish a form for the rejection of coverage.
Index Headings of Original Version Administrative Regulations and Proceedings - Motor vehicle insurance, rejection, form for
Insurance - Motorcycle liability insurance, named insured requesting coverage after rejection
Insurance - Motorcycle liability insurance, underinsured, uninsured, basic reparation benefits
Insurance - Underinsured motorists coverage, inclusion or rejection of
Insurance - Underinsured motorists, named insured coverage, requesting after rejection
Insurance, Motor Vehicle - Motorcycle liability insurance, named insured coverage, requesting after rejection
Insurance, Motor Vehicle - Motorcycle liability insurance, underinsured, uninsured, basic reparation benefits
Insurance, Motor Vehicle - Underinsured coverage, inclusion or rejection of
Insurance, Motor Vehicle - Underinsured coverage, named insured coverage, requesting after rejection

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02/26/18
  • introduced in House
02/28/18
  • to Banking & Insurance (H)


Last updated: 1/16/2019 3:00 PM (EST)