Bill > SB976

This bill increases the minimum liability coverage for motor vehicle insurance in Hawaii. Specifically, it raises the minimum liability coverage from $20,000 to $50,000 per person and from $40,000 to $100,000 per accident for damages arising from accidents. It also increases the minimum liability coverage for property damage from $10,000 to $20,000. Additionally, the bill includes a provision to further increase these minimum liability coverage amounts by $50,000 per person, $100,000 per accident, and $20,000 for property damage on January 1, 2027. The bill aims to address the impacts of rising inflation on Hawaii residents by ensuring that motor vehicle insurance minimums are sufficient to protect against the increased costs of accidents.

Transportation and Infrastructure

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=976&year=2024