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NE LB439

NE LB439
Change provisions relating to stacking of coverage under the Uninsured and Underinsured Motorist Insurance Coverage Act


summary

Introduced
01/15/2021
In Committee
01/20/2021
Crossed Over
Passed
Dead
04/20/2022

Introduced Session

107th Legislature

Bill Summary

A BILL FOR AN ACT relating to the Uninsured and Underinsured Motorist Insurance Coverage Act; to amend sections 44-6410 and 44-6411, Reissue Revised Statutes of Nebraska; to change provisions relating to stacking of coverage; to harmonize provisions; and to repeal the original sections.

AI Summary

This bill amends the Uninsured and Underinsured Motorist Insurance Coverage Act in Nebraska. The key provisions are: 1) It prohibits the stacking of uninsured or underinsured motorist coverage limits for policies held by the same person or related persons residing in the same household, but allows stacking for policies held by different, unrelated policyholders. 2) It clarifies the order of priority for payment of uninsured or underinsured motorist coverage when multiple policies apply, with the policy covering the occupied vehicle being primary and any other available policies being excess. 3) It repeals and replaces the original sections of the Act to incorporate these changes.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Indefinitely postponed (on 04/20/2022)

bill text


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