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CT HB06130

CT HB06130
An Act Concerning Minimum Automobile Liability Insurance Coverage.


summary

Introduced
01/22/2025
In Committee
01/22/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To: (1) Increase the minimum amount of financial responsibility coverage required for motor vehicles to one hundred thousand dollars for any one person and three hundred thousand dollars for more than one person, on account of any accident; and (2) require that any automobile liability insurance policy contain not less than five thousand dollars in medical payment coverage, provided such medical payment coverage may be waived if the policyholder provides proof of health insurance coverage.

AI Summary

This bill proposes to update Connecticut's automobile insurance requirements by increasing the minimum financial responsibility coverage for motor vehicles and mandating medical payment coverage. Specifically, the bill raises the minimum liability insurance coverage from the current levels to $100,000 for bodily injury to any one person and $300,000 for bodily injury to multiple people in a single accident. Additionally, the bill requires automobile liability insurance policies to include at least $5,000 in medical payment coverage, with a provision that allows policyholders to waive this medical coverage if they can provide proof of existing health insurance. These changes aim to ensure that drivers have more comprehensive financial protection in the event of an automobile accident, covering both potential liability for injuries to others and medical expenses for the policyholder. The bill represents an update to existing state insurance regulations to reflect potentially higher medical costs and provide more robust financial protection for drivers.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to Joint Committee on Insurance and Real Estate (on 01/22/2025)

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