Bill > H6079

This bill amends Section 27-7-6 of Rhode Island's General Laws to modify rental vehicle insurance coverage rules. Specifically, the bill clarifies that property damage liability coverage for rental vehicles (defined as motor vehicles under 10,000 pounds) will now explicitly apply only to the named insured and drivers listed on a private passenger automobile insurance policy, or their designated drivers, with an important caveat that coverage does not extend to drivers who are specifically excluded from the policy. The coverage remains valid for up to 60 consecutive days and continues to apply to all collision and comprehensive losses. Additionally, the bill maintains existing provisions requiring insurance companies to provide rental vehicle coverage for at least seven days after a total loss settlement and to compensate for reasonable loss of use based on the rental agreement's daily rate. This legislation aims to provide more precise guidelines about who can be covered under a private vehicle insurance policy when renting a vehicle, potentially reducing ambiguity and preventing unintended coverage extensions.

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