Bill > HF2494

This bill makes several significant modifications to motor vehicle and motorcycle insurance provisions in Minnesota, focusing on enhancing coverage and establishing a new traumatic brain injury (TBI) recovery program. The legislation increases minimum liability and uninsured/underinsured motorist coverage amounts from $30,000 to $60,000 for bodily injury to one person and from $60,000 to $120,000 for bodily injury to multiple people. For motorcycles, the bill requires specific insurance coverage and mandates a separate notice form explaining that motorcycle policies are not required to include personal injury protection. The bill also creates a new Traumatic Brain Injury Recovery Account, which will be funded by a per-vehicle surcharge collected by insurers. This account will provide compensation to eligible individuals who have suffered a TBI in an automobile accident, with the commissioner of human services developing detailed procedures for application, eligibility criteria, and compensation amounts. Additionally, the bill establishes specific provisions for TBI-related medical and economic loss benefits, requiring insurers to provide a minimum of $80,000 in benefits for TBI cases, with $40,000 allocated for medical expenses and $40,000 for other economic losses. The new provisions will take effect on August 1, 2025, and apply to insurance policies offered, issued, or renewed on or after that date.

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https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2494&ssn=0&y=2025