RÉSUMÉ DIGEST
ACT 426 (HB 384) 2024 Regular Session Knox
Prior law prohibited the imposition of reinstatement fees for lapse of insurance coverage for
a period of five days or less, if the violation is the insured's first.
New law extends the period prohibiting the imposition of reinstatement fees for the lapse of
insurance coverage in prior law from five days or less to 10 days or less.
Existing law imposes reinstatement fees for violations in existing law as follows: $250 for
the first violation, $500 for a second violation, and $1,000 for a third or subsequent violation.
Specifies that a reinstatement fee not be owed for a violation when proof of the required
security is provided to the secretary within 60 days of the date of the notice. Further specifies
that persons having multiple violations within 60 days of notice that the total amount of fees
may not exceed $850 for violations or $1,075 for certain violations in existing law.
Existing law specifies that the total fees for violations inclusive of administrative fees, not
exceed $250 for persons 65 or older. Requires that after 60 days of the date of notice, all fees
be considered delinquent debt, and the $850 limit for persons under 65 no longer applies.
Effective August 1, 2024.
(Amends R.S. 32:863(A)(3)(a))