Bill > SB177

This bill amends and reenacts several sections of Louisiana law related to automobile insurance to provide for its regulation and operation. Key provisions include prohibiting insurers from increasing premiums at renewal solely because a policy has lapsed if it's renewed within ten days of termination, and requiring standard automobile insurance forms to be written in easily understandable language. The bill also clarifies that motor vehicle liability policies cannot limit coverage for named insureds, their family members, or permissive users to less than the highest policy limit for bodily injury, and that any provision to the contrary is void. Furthermore, it mandates that insurers cannot refuse to issue or renew policies, increase rates, or add surcharges based on non-fault incidents, age for those over sixty-five (provided they are capable and licensed), or because the insured is deaf or hard of hearing (again, if capable and licensed). The bill also prohibits discrimination against paid or volunteer firemen through higher premiums or policy cancellation solely due to their firefighting activities, and prevents insurers from refusing to issue collision or comprehensive coverage on a newly purchased vehicle to an existing policyholder due to an impending tropical storm or hurricane. Finally, it clarifies that a motor vehicle insurance policy cannot allow an insurer to take legal title to a vehicle without also assuming the insured's credit obligations for towing and storage charges, and that insurers who succeed to title cannot abandon a vehicle to a towing or storage service without the provider's consent.

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https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=SB177&sbi=y