Bill > H1109

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.

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https://malegislature.gov/Bills/194/H1109