Bill Text - HB210 (2015)

Relative to financial responsibility limits for motor vehicle liability insurance.


Revision: March 27, 2015, midnight

HB 210 – AS INTRODUCED

2015 SESSION

15-0658

08/09

HOUSE BILL 210

AN ACT relative to financial responsibility limits for motor vehicle liability insurance.

SPONSORS: Rep. Goley, Hills 8; Sen. Soucy, Dist 18

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill raises the financial responsibility limits for motor vehicle liability insurance.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

15-0658

08/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fifteen

AN ACT relative to financial responsibility limits for motor vehicle liability insurance.

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

1 Amount of Proof of Financial Responsibility. Amend RSA 264:20 to read as follows:

264:20 Amount of Proof of Financial Responsibility. Proof of financial responsibility shall mean proof of ability to respond in damages for any liability thereafter incurred, as a result of accidents which occur in New Hampshire, arising out of the ownership, maintenance, control, or use of a motor vehicle, trailer, or semi-trailer in the amount of [$25,000] $50,000 because of bodily injury or death to any one person; and subject to said limit respecting one person, in the amount of [$50,000] $100,000 because of bodily injury to or death to 2 or more persons in any one accident, and in the amount of $25,000 because of injury to and destruction of property in any one accident. Whenever required under this chapter such proof in such amounts shall be furnished for each motor vehicle, trailer or semi-trailer registered by such person.

2 Effective Date. This act shall take effect 60 days after its passage.