Missouri HB2082 modifies motor vehicle liability insurance coverage provisions.

Missouri HB2082 revises the definitions and requirements for motor vehicle liability insurance policies. It specifies that any binder issued pending the issuance of a policy fulfills the requirement for such a policy. The bill also mandates that underinsured motor vehicle coverage provides coverage in excess of the liability coverage of any motor vehicle involved in an accident. Additionally, it outlines that the satisfaction of a judgment for injury or damage does not affect the insurance carrier's duty to make payment.

Missouri HB2082 modifies motor vehicle liability insurance coverage provisions.

Missouri HB2082 revises the definitions and requirements for motor vehicle liability insurance policies. It specifies that any binder issued pending the issuance of a policy fulfills the requirement for such a policy. The bill also mandates that underinsured motor vehicle coverage provides coverage in excess of the liability coverage of any motor vehicle involved in an accident. Additionally, it outlines that the satisfaction of a judgment for injury or damage does not affect the insurance carrier's duty to make payment.