Expands underinsured motorist coverage to include property damage, not just bodily injury.

Rhode Island H7336 amends the state's uninsured motorist coverage to include property damage under underinsured motorist coverage. Currently, such coverage only applies to bodily injury. The bill specifies that property damage caused by collisions will be subject to a $200 deductible per claim. It also mandates that insurers notify policyholders about the availability of this coverage and allows policyholders to request higher limits. The act takes effect upon passage.

Expands underinsured motorist coverage to include property damage, not just bodily injury.

Rhode Island H7336 amends the state's uninsured motorist coverage to include property damage under underinsured motorist coverage. Currently, such coverage only applies to bodily injury. The bill specifies that property damage caused by collisions will be subject to a $200 deductible per claim. It also mandates that insurers notify policyholders about the availability of this coverage and allows policyholders to request higher limits. The act takes effect upon passage.