Bill > S748

This bill addresses an underinsurance scenario in motor vehicle insurance by modifying existing Massachusetts law to clarify coverage provisions. Specifically, the bill expands insurance coverage protections in situations where multiple claims arise from a single accident and reduce the tortfeasor's (the person responsible for causing harm) insurance policy limits below their original amount. Under the proposed change, an insurance policy will provide additional coverage when the original at-fault driver's policy limits have been exhausted by multiple claims, and only to the extent that the uninsured motor vehicle coverage limits exceed the amount already paid to the insured. This amendment aims to ensure that injured parties have more comprehensive protection when multiple claims stemming from the same accident deplete an at-fault driver's insurance policy, potentially leaving subsequent claimants with insufficient compensation.

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https://malegislature.gov/Bills/194/S748