Uninsured motorist coverage; provide that coverage is mandatory in every automobile liability insurance policy.
Impact
By requiring uninsured motorist coverage in every automobile liability insurance policy, HB 918 aims to enhance the financial security of drivers in Mississippi. This legislative change intends to reduce the burden on individuals who may otherwise face significant financial loss due to the actions of uninsured drivers. Moreover, it establishes a framework that could lead to broader awareness and adoption of this necessary coverage among insured drivers, ultimately contributing to safer roads and more responsible driving behaviors.
Summary
House Bill 918 seeks to amend Section 83-11-101 of the Mississippi Code of 1972, mandating that all automobile liability insurance policies must include uninsured motorist coverage. This amendment addresses the need for protection for drivers involved in accidents with uninsured motorists, ensuring that victims can claim damages for bodily injuries sustained. The bill emphasizes the importance of automatic inclusion of this coverage unless explicitly rejected by the insured, thereby setting a standard for insurance policy offerings in Mississippi.
Contention
Despite its potential benefits, the bill may face contention from insurance companies due to the increased obligations it places on them. Insurance providers might resist this mandate, arguing that it could lead to higher premiums for consumers. Proponents of the bill may argue that the cost of providing uninsured motorist coverage is a small price for ensuring that drivers are not left without recourse in accidents involving uninsured individuals. The pushback could also stem from debates about personal responsibility and the extent of mandatory insurance requirements.