Increases minimum motor vehicle insurance coverage for bodily injury and property damage.

This bill raises the minimum amounts of coverage required for motor vehicle financial responsibility. It increases 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 $25,000. These amounts now match the requirements for transportation network company drivers. The bill also adjusts related provisions regarding policies, bonds, and judgments. Violations of these provisions are now classified as serious misdemeanors, with fines and potential imprisonment.

Increases minimum motor vehicle insurance coverage for bodily injury and property damage.

This bill raises the minimum amounts of coverage required for motor vehicle financial responsibility. It increases 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 $25,000. These amounts now match the requirements for transportation network company drivers. The bill also adjusts related provisions regarding policies, bonds, and judgments. Violations of these provisions are now classified as serious misdemeanors, with fines and potential imprisonment.