The bill H. 4742 aims to amend Section 38-77-150 of the South Carolina Code of Laws concerning uninsured motorist provisions. The key change introduced by this bill is the stipulation that an insurer cannot increase the premium of an insured individual solely due to a claim made under their uninsured or underinsured motorist coverage, provided that the insured was not at fault in the accident that resulted in the claim.

This legislation seeks to protect insured individuals from premium hikes that could occur as a result of making a claim when they are not responsible for the accident. The bill is currently residing in the House Committee on Labor, Commerce and Industry and will take effect upon approval by the Governor.

Statutes affected:
Latest Version: 38-77-150