South Carolina H4742 prohibits insurers from raising premiums solely due to a claim under uninsured or underinsured motorist coverage if the insured.
South Carolina H4742 amends the state code to ensure that insurers cannot increase an insured's premium solely because they made a claim under their uninsured or underinsured motorist coverage if they were not at fault in the accident. This provision aims to protect policyholders from unfair premium hikes following non-fault-related claims. The act will take effect upon approval by the Governor.
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