The bill H. 4143 proposes an amendment to Section 38-77-140 of the South Carolina Code of Laws, which pertains to automobile insurance policies. The primary change involves increasing the limits for bodily injury and property damage coverage. Specifically, the limit for bodily injury to one person in an accident will rise from twenty-five thousand dollars to thirty thousand dollars, and the limit for property damage will also increase from twenty-five thousand dollars to thirty thousand dollars. The limits for bodily injury to two or more persons in an accident will remain at fifty thousand dollars.
This amendment aims to enhance the minimum coverage requirements for automobile insurance policies issued in South Carolina, ensuring that insured individuals have greater financial protection in the event of an accident. The bill will take effect upon approval by the Governor.
Statutes affected: 03/05/2025: 38-77-140
Latest Version: 38-77-140