South Carolina General Assembly
123rd Session, 2019-2020

Download This Bill in Microsoft Word format

Indicates Matter Stricken
Indicates New Matter

S. 473

STATUS INFORMATION

General Bill
Sponsors: Senator Grooms
Document Path: l:\s-res\lkg\012rent.kmm.lkg.docx

Introduced in the Senate on February 5, 2019
Currently residing in the Senate Committee on Transportation

Summary: Insurance coverage for rented or leased vehicles

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    2/5/2019  Senate  Introduced and read first time (Senate Journal-page 6)
    2/5/2019  Senate  Referred to Committee on Transportation 
                        (Senate Journal-page 6)

View the latest legislative information at the website

VERSIONS OF THIS BILL

2/5/2019

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND CHAPTER 31, TITLE 56 OF THE 1976 CODE, RELATING TO THE RENTAL OF PRIVATE PASSENGER AUTOMOBILES, BY ADDING SECTION 56-31-70, TO PROVIDE THAT AN INSURANCE POLICY THAT COVERS A PERSON OPERATING A RENTED OR LEASED VEHICLE, REGARDLESS OF THE LIMITATIONS OR EXCLUSIONS IN THE OPERATOR'S POLICY, SHALL BE PRIMARY TO A MOTOR VEHICLE INSURANCE POLICY IN WHICH THE NAME INSURED IS A RENTAL COMPANY OR AFFILIATE OF THE RENTAL COMPANY, A QUALIFIED SELF-INSURER, AND A BOND POSTED BY A RENTAL COMPANY OR AN AFFILIATE OF THE RENTAL COMPANY FOR THE PURPOSE OF COMPLYING WITH FINANCIAL RESPONSIBILITY.

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

SECTION    1.    Chapter 31, Title 56 of the 1976 Code is amended by adding:

"Section 56-31-70.    (A)    An insurance policy that covers a person operating a rented or leased vehicle, regardless of the limitations or exclusions in the operator's policy, shall be primary to:

(1)    a motor vehicle insurance policy in which the name insured is a rental company or affiliate of the rental company;

(2)    a qualified self-insurer, as defined in Section 56-9-60; a rental company; or an affiliate of the rental company; and

(3)    a bond posted by a rental company or an affiliate of the rental company for the purpose of complying with financial responsibility.

(B)    The limits of the primary policy must be exhausted before there may be a recovery under a policy issued to or against other financial responsibility maintained by a rental company."

SECTION    2.    This act takes effect upon approval by the Governor.

----XX----


This web page was last updated on February 8, 2019 at 11:31 AM