Iowa HF2352 increases the minimum amounts of coverage required for motor vehicle financial responsibility.
Iowa HF2352 amends the state's motor vehicle financial responsibility laws by increasing the minimum amounts of coverage required for bodily injury or death of one person, bodily injury or death of two or more persons, and property damage. The bill raises the minimum coverage for bodily injury or death of one person from $20,000 to $50,000, for bodily injury or death of two or more persons from $40,000 to $100,000, and for property damage from $15,000 to $50,000. The bill also adjusts related provisions regarding policies, bonds, and judgments to reflect these new minimums.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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