This bill amends the Uninsured and Underinsured Motorist Insurance Coverage Act in Nebraska, specifically sections 44-6410 and 44-6411 of the Reissue Revised Statutes. The key changes include provisions that clarify how uninsured or underinsured motorist coverage can be stacked. Under the new language, the limits of liability for coverage on two or more motor vehicles insured under the same policy or separate policies held by the same person or related persons residing in the same household cannot be combined or stacked. However, for policies held by different policyholders who are not related and do not reside in the same household, the coverage limits may be stacked.

Additionally, the bill outlines the order of priority for payment in the event of an accident involving multiple policies. It specifies that if an insured is entitled to coverage under more than one policy held by the same person or related persons residing in the same household, the maximum recovery is limited to the highest limit of any one policy. The bill also establishes a priority order for payments related to bodily injury when occupying a vehicle not owned by the insured, ensuring that the coverage on the occupied vehicle is primary, followed by any other available coverage. The original sections 44-6410 and 44-6411 are repealed as part of this legislative update.

Statutes affected:
Introduced: 44-6410, 44-6411