Bill

Bill > H1109


MA H1109

To relative to an underinsurance issue


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

194th General Court

Bill Summary

Relative to an motor vehicle underinsurance. Financial Services.

AI Summary

This bill modifies an existing law related to motor vehicle insurance coverage, specifically addressing situations where an at-fault driver's (tortfeasor's) insurance policy limits are reduced by multiple claims arising from the same accident. The proposed amendment expands the circumstances under which underinsurance coverage applies. Currently, if an at-fault driver's insurance policy is exhausted by multiple claims from a single accident, the bill allows the injured party to access their own underinsurance coverage for the remaining damages, but only to the extent that their underinsurance policy limits exceed the amount already paid by the tortfeasor's insurance. This change provides additional financial protection for individuals involved in accidents where multiple claims have been made against a single insurance policy, ensuring that victims have a potential avenue for recovering additional compensation beyond the reduced policy limits of the at-fault driver's insurance.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Joint Committee on Financial Services Hearing (10:30:00 5/27/2025 A-2) (on 05/27/2025)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/194/H1109
BillText https://malegislature.gov/Bills/194/H1109.pdf
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