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Bill 646

                    Current Status

Bill Number:                      646
Type of Legislation:              General Bill GB
Introducing Body:                 Senate
Introduced Date:                  19990324
Primary Sponsor:                  McConnell
All Sponsors:                     McConnell and Passailaigue
Drafted Document Number:          l:\council\bills\nbd\11257jm99.doc
Residing Body:                    Senate
Current Committee:                Banking and Insurance Committee 02 SBI
Subject:                          Motor vehicle insurance coverage extended 
                                  to loaner vehicles


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
Senate  19990324  Introduced, read first time,           02 SBI
                  referred to Committee


                             Versions of This Bill

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-77-225 SO AS TO EXTEND VARIOUS MOTOR VEHICLE INSURANCE COVERAGES TO "LOANER" VEHICLES, AND PROVIDE FOR RELATED MATTERS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. The 1976 Code is amended by adding:

"Section 38-77-225. Notwithstanding any other provision of law, every motor vehicle liability insurance policy, every motor vehicle physical damage insurance policy, every motor vehicle uninsured and underinsured motorist insurance policy, and every motor vehicle insurance policy covering death or bodily injury insuring a motor vehicle licensed in this State or the occupants of the motor vehicle shall extend their liability, physical damage, uninsured and underinsured motorist, and death or bodily injury coverages to include any other motor vehicle operated by the insured individual and its occupants if the other motor vehicle is loaned by a licensed automobile dealer as a temporary substitute, with or without compensation, to the insured individual for use as a temporary substitute vehicle while the insured's vehicle is out of use because of breakdown, repair, or servicing. However, coverage extends to the loaned vehicle only to the extent of the coverage provided, if any, to the automobile being repaired or serviced. These extensions of liability, physical damage, uninsured and underinsured motorist, and death or bodily injury coverages are primary."

SECTION 2. This act takes effect upon approval by the Governor and applies to all policies of insurance issued or renewed on and after the effective date of this act.

This web page was last updated on Wednesday, December 9, 2009 at 9:07 A.M.