HB1495: Transportation network companies; uninsured and underinsured motorist coverage.

Legislative Summary

Transportation network companies; uninsured and underinsured motorist coverage. Requires transportation network company (TNC) insurance to maintain the same minimum uninsured and underinsured motorist coverage as is currently required by law for all motor vehicle insurance policies of $30,000 for bodily injury per person, $60,000 for bodily injury per accident, and $20,000 for property damage, whether or not there is a passenger in the vehicle. The bill also prohibits TNC insurance underinsured motorist coverage from being set off by another policy from incidents arising when there is a passenger in the vehicle. Current law requires uninsured and underinsured motorist coverage for TNCs at $1 million when a passenger is in the vehicle. The bill repeals expired provisions related to TNC insurance coverage.