HB256 (2015) Detail

Relative to automobile insurance statements of residency.


HB 256 – AS INTRODUCED

2015 SESSION

15-0357

08/10

HOUSE BILL 256

AN ACT relative to automobile insurance statements of residency.

SPONSORS: Rep. J. Belanger, Hills 27; Sen. Carson, Dist 14

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill removes a requirement for an automobile insurance company to obtain a statement of residency from an insurance applicant upon policy renewal.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

15-0357

08/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fifteen

AN ACT relative to automobile insurance statements of residency.

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

1 Statement of Residency. Amend RSA 417-A:3-b, I to read as follows:

I. All applicants for coverage under new policies of automobile insurance shall sign a statement of residency, on a form prescribed by the insurance department, which the insurer shall provide as part of the application or upon delivery of the policy papers to the insured for such insurance. A signed statement of residency by any named insured on the policy shall satisfy the requirements of this paragraph and RSA 412:9 with respect to the new policy and any subsequent policies and renewals of the named insureds until a named insured notifies the insurer of a change of residency.

2 Prohibition on Nonresident Automobile Insurance. Amend RSA 412:9 to read as follows:

412:9 Prohibition on Nonresident Automobile Insurance. Notwithstanding any other provision of law to the contrary, no individual shall be provided coverage under a policy of automobile insurance, as defined in RSA 417-A, if such individual is determined by the insurer to have falsely attested to the statement required in RSA 417-A:3-b [at the time such policy was issued or renewed]. Payment shall be made by the insurer with respect to accidents which occur in New Hampshire for all valid bodily injury and property damage liability claims and all valid uninsured motorist claims by individuals other than the applicant or applicants for insurance who signed the statement required by RSA 417-A:3-b arising under such policy; however, the insurer shall be legally entitled to reimbursement by the policyholder for all such paid claims.

3 Effective Date. This act shall take effect upon its passage.