Bill > HB3321

This bill updates the state's minimum auto insurance requirements in West Virginia by incrementally increasing the mandatory coverage amounts. Currently, the minimum proof of financial responsibility (auto insurance coverage) is $20,000 for bodily injury to one person, $40,000 for bodily injury to multiple persons, and $10,000 for property damage. Starting January 1, 2016, these minimums will increase to $25,000 for bodily injury to one person, $50,000 for bodily injury to multiple persons, and $25,000 for property damage. Further, beginning January 1, 2026, the minimums will again increase to $50,000 for bodily injury to one person, $100,000 for bodily injury to multiple persons, and $50,000 for property damage. The bill includes a grandfather clause that allows existing insurance policies in effect at the time of each increase to remain valid until they expire or are renewed, ensuring a smooth transition for vehicle owners. These increases are designed to ensure that drivers have adequate financial protection in the event of an accident, reflecting rising costs of medical care and property damage over time.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=3321&year=2025&sessiontype=RS&btype=bill