SB 307
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SB 307
Financial Responsibility Law - As introduced, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2019. - Amends TCA Title 55 and Title 56
Tennessee · In committee
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| Jon Lundberg | Sponsors | Jon Lundberg sponsored SB 307. | None |
| Charlie Baum | Sponsors | Charlie Baum sponsored SB 307. | None |
| Financial Responsibility Law - As introduced, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2019. - Amends TCA Title 55 and Title 56. | Source records | SB 307 has an explicit source reference to Financial Responsibility Law - As introduced, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2019. - Amends TCA Title 55 and Title 56.. | None |
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