| Last Action | 02/28/18: 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 |
| 02/26/18 |
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| 02/28/18 |
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Last updated: 9/1/2020 2:57 PM (EDT)
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