SB459 — Version 100

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CHAPTER 324

SB 459 - FINAL VERSION

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2000 SESSION

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05/10

SENATE BILL 459

AN ACT relative to uninsured or underinsured motorist insurance coverage.

SPONSORS: Sen. Russman, Dist 19; Rep. Craig, Hills 38; Rep. Konys, Hills 33; Rep. Bradley, Carr 8

COMMITTEE: Insurance

AMENDED ANALYSIS

This bill requires a disclosure of the potential waiver of a motorist's claim benefits when settling automobile insurance claims for bodily injury.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

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5/31/00 4730eba

00-2787.0

05/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand

AN ACT relative to uninsured or underinsured motorist insurance coverage.

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

324:1 New Paragraph; Uninsured or Hit-and-Run Motor Vehicle Coverage; Waiver of Coverage. Amend RSA 264:15 by inserting after paragraph IV the following new paragraph:

V. Every document tendered to settle a claim for bodily injury which may be the subject of coverage under this section shall prominently contain, in substance, the following language: "Warning - signing this document may affect your right to claim benefits under your uninsured or underinsured motorist coverage. Check with your own automobile insurance company or insurance

agent before signing."

324:2 Effective Date. This act shall take effect 60 days after its passage.

(Approved: June 21, 2000)

(Effective Date: August 20, 2000)