Senate Bill No. introduced by A. Olsen aims to revise laws related to uninsured motor vehicle liability insurance by incorporating provisions for underinsured motor vehicle liability insurance. The bill mandates that motor vehicle liability policies must include coverage for both uninsured and underinsured motorists, ensuring that individuals insured under these policies are protected against damages from drivers who either lack sufficient insurance or are entirely uninsured. The bill also stipulates that the named insured has the right to reject this coverage, and if they do so, it need not be included in renewal policies unless requested in writing.

Additionally, the bill amends Section 69-12-343 to require transportation network carriers to maintain primary motor vehicle liability insurance that includes coverage for both uninsured and underinsured motorists. This insurance must be in effect while the driver is logged onto the transportation network's digital platform or engaged in a prearranged ride. The coverage requirements are designed to ensure that drivers and passengers are adequately protected in the event of an accident, regardless of the insurance status of the other party involved.

Statutes affected:
LC Text: 33-23-201, 69-12-343
SB0290_1(1): 33-23-201, 69-12-343
SB0290_1(2): 33-23-201, 69-12-343
SB0290_1: 33-23-201, 69-12-343