HB199 (2009) Detail

(New Title) relative to the warning accompanying a document tendered to settle bodily injury claims subject to certain automobile insurance coverage.


CHAPTER 74

HB 199 – FINAL VERSION

24Mar2009… 0648h

2009 SESSION

09-0384

09/01

HOUSE BILL 199

AN ACT relative to the warning accompanying a document tendered to settle bodily injury claims subject to certain automobile insurance coverage.

SPONSORS: Rep. Nixon, Hills 17

COMMITTEE: Commerce

AMENDED ANALYSIS

This bill requires parties to read and sign a warning accompanying documents tendered to settle bodily injury claims which may be subject to uninsured motorist insurance coverage.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24Mar2009… 0648h

09-0384

09/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT relative to the warning accompanying a document tendered to settle bodily injury claims subject to certain automobile insurance coverage.

Be it Enacted by the Senate and House of Representatives in General Court convened:

74:1 Motor Vehicle Insurance; Settlement Documents; Warning. RSA 264:15, V is repealed and reenacted to read as follows:

V. Every document tendered to settle a claim for bodily injury which may be the subject of coverage under this section shall prominently contain the following language, which shall be read and signed by the releasing party or parties:

WARNING

“IF YOU SIGN THIS RELEASE YOU MAY FORFEIT YOUR RIGHT TO UNINSURED MOTORIST INSURANCE BENEFITS FROM YOUR OWN AUTOMOBILE INSURANCE POLICY. CONSULT WITH YOUR INSURANCE AGENT, YOUR AUTOMOBILE INSURANCE COMPANY, OR YOUR ATTORNEY BEFORE SIGNING.”

I certify that I have read the above warning and fully understand it.

______________________________

Signature

74:2 Effective Date. This act shall take effect January 1, 2010.

Approved: June 9, 2009

Effective Date: January 1, 2010