Hawaii 2024 Regular Session

Hawaii Senate Bill SB341 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	THE SENATE S.B. NO. 341 THIRTY-SECOND LEGISLATURE, 2023 S.D. 1 STATE OF HAWAII A BILL FOR AN ACT RELATING TO MOTOR VEHICLE INSURANCE. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
2	2
3	3	THE SENATE S.B. NO. 341
4	4	THIRTY-SECOND LEGISLATURE, 2023 S.D. 1
5	5	STATE OF HAWAII
6	6
7	7	THE SENATE
8	8
9	9	S.B. NO.
10	10
11	11	341
12	12
13	13	THIRTY-SECOND LEGISLATURE, 2023
14	14
15	15	S.D. 1
16	16
17	17	STATE OF HAWAII
18	18
19	19
20	20
21	21
22	22
23	23
24	24
25	25
26	26
27	27
28	28
29	29
30	30
31	31	A BILL FOR AN ACT
32	32
33	33
34	34
35	35
36	36
37	37	RELATING TO MOTOR VEHICLE INSURANCE.
38	38
39	39
40	40
41	41
42	42
43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
44	44
45	45
46	46
47	47	SECTION 1. Section 431:10C-301, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows: "(b) A motor vehicle insurance policy shall include: (1) Liability coverage of not less than [$20,000] $ per person, with an aggregate limit of [$40,000] $ per accident, for all damages arising out of accidental harm sustained as a result of any one accident and arising out of ownership, maintenance, use, loading, or unloading of a motor vehicle; (2) Liability coverage of not less than [$10,000] $ for all damages arising out of damage to or destruction of property including motor vehicles and including the loss of use thereof, but not including property owned by, being transported by, or in the charge of the insured, as a result of any one accident arising out of ownership, maintenance, use, loading, or unloading, of the insured vehicle; (3) With respect to any motor vehicle registered or principally garaged in this State, liability coverage provided therein or supplemental thereto, in limits for bodily injury or death set forth in paragraph (1), under provisions filed with and approved by the commissioner, for the protection of persons insured thereunder who are legally entitled to recover damages from owners or operators of uninsured motor vehicles because of bodily injury, sickness, or disease, including death, resulting therefrom; provided that the coverage required under this paragraph shall not be applicable where any named insured in the policy shall reject the coverage in writing; and (4) Coverage for loss resulting from bodily injury or death suffered by any person legally entitled to recover damages from owners or operators of underinsured motor vehicles. An insurer may offer the underinsured motorist coverage required by this paragraph in the same manner as uninsured motorist coverage; provided that the offer of both shall: (A) Be conspicuously displayed so as to be readily noticeable by the insured; (B) Set forth the premium for the coverage adjacent to the offer in a manner that the premium is clearly identifiable with the offer and may be easily subtracted from the total premium to determine the premium payment due in the event the insured elects not to purchase the option; and (C) Provide for written rejection of the coverage by requiring the insured to affix the insured's signature in a location adjacent to or directly below the offer." SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 3. This Act shall take effect on July 1, 2050.
48	48
49	49	SECTION 1. Section 431:10C-301, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
50	50
51	51	"(b) A motor vehicle insurance policy shall include:
52	52
53	53	(1) Liability coverage of not less than [$20,000] $ per person, with an aggregate limit of [$40,000] $ per accident, for all damages arising out of accidental harm sustained as a result of any one accident and arising out of ownership, maintenance, use, loading, or unloading of a motor vehicle;
54	54
55	55	(2) Liability coverage of not less than [$10,000] $ for all damages arising out of damage to or destruction of property including motor vehicles and including the loss of use thereof, but not including property owned by, being transported by, or in the charge of the insured, as a result of any one accident arising out of ownership, maintenance, use, loading, or unloading, of the insured vehicle;
56	56
57	57	(3) With respect to any motor vehicle registered or principally garaged in this State, liability coverage provided therein or supplemental thereto, in limits for bodily injury or death set forth in paragraph (1), under provisions filed with and approved by the commissioner, for the protection of persons insured thereunder who are legally entitled to recover damages from owners or operators of uninsured motor vehicles because of bodily injury, sickness, or disease, including death, resulting therefrom; provided that the coverage required under this paragraph shall not be applicable where any named insured in the policy shall reject the coverage in writing; and
58	58
59	59	(4) Coverage for loss resulting from bodily injury or death suffered by any person legally entitled to recover damages from owners or operators of underinsured motor vehicles. An insurer may offer the underinsured motorist coverage required by this paragraph in the same manner as uninsured motorist coverage; provided that the offer of both shall:
60	60
61	61	(A) Be conspicuously displayed so as to be readily noticeable by the insured;
62	62
63	63	(B) Set forth the premium for the coverage adjacent to the offer in a manner that the premium is clearly identifiable with the offer and may be easily subtracted from the total premium to determine the premium payment due in the event the insured elects not to purchase the option; and
64	64
65	65	(C) Provide for written rejection of the coverage by requiring the insured to affix the insured's signature in a location adjacent to or directly below the offer."
66	66
67	67	SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
68	68
69	69	SECTION 3. This Act shall take effect on July 1, 2050.
70	70
71	71	Report Title: Motor Vehicle Insurance; Minimum Coverage Description: Inserts unspecified amounts for minimum required liability coverage for accidental harm and destruction of property for motor vehicle insurance policies in the State. Takes effect 7/1/2050. (SD1) The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
72	72
73	73
74	74
75	75
76	76
77	77	Report Title:
78	78
79	79	Motor Vehicle Insurance; Minimum Coverage
80	80
81	81
82	82
83	83	Description:
84	84
85	85	Inserts unspecified amounts for minimum required liability coverage for accidental harm and destruction of property for motor vehicle insurance policies in the State. Takes effect 7/1/2050. (SD1)
86	86
87	87
88	88
89	89
90	90
91	91
92	92
93	93	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.