S 0871 General Bill, By Rankin, Malloy, Coleman, Sabb, Allen, Shealy, Kimpson and Lourie
Summary: Automobile insurance
    A BILL AN ACT TO AMEND SECTION 38-77-30(1) OF THE 1976 CODE, TO CHANGE THE DEFINITION OF AUTOMOBILE INSURANCE TO INCLUDE UNDERINSURED MOTORIST COVERAGE; TO AMEND SECTION 38-77-150 OF THE 1976 CODE, TO REQUIRE UNDERINSURED MOTORIST COVERAGE ON ALL AUTOMOBILE INSURANCE POLICIES; TO AMEND SECTION 38-77-160 OF THE 1976 CODE, TO SPECIFY UNDERINSURED MOTORIST COVERAGE IS AVAILABLE ABOVE THE MANDATORY MINIMUM LIMITS AND TO REMOVE PROVISIONS ALLOWING INSURED THE OPTION TO PURCHASE UNDERINSURED MOTORIST COVERAGE; TO AMEND SECTION 38-77-200 OF THE 1976 CODE, TO INCLUDE UNDERINSURED MOTORIST COVERAGE IN THE PROVISION PREVENTING INSURERS FROM REQUIRING ARBITRATION OF CLAIMS; TO AMEND SECTION 38-77-210 OF THE 1976 CODE, TO PROVIDE PROPERTY COVERAGE IS NOT REQUIRED IN UNDERINSURED MOTORIST COVERAGE; AND TO AMEND SECTION 38-77-260 OF THE 1976 CODE, TO DELETE REFERENCES TO NON-EXISTENT CODE SECTIONS.
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06/04/15	Senate	Introduced and read first time (Senate Journal-page 10)
06/04/15	Senate	Referred to Committee on Banking and Insurance (Senate Journal-page 10)