Vermont S0007 amends automobile insurance laws to prevent insurers from deducting medical payments from underinsured motorist coverage.

Vermont S0007 modifies automobile insurance regulations to ensure that payments made under a liability insurance policy for medical costs are not deducted from the underinsured motorist coverage available to the insured. This change aims to protect policyholders by maintaining the integrity of their underinsured motorist coverage, ensuring they do not lose benefits due to payments made under other coverages. The bill takes effect on passage and applies to all automobile insurance policies issued or renewed on or after January 1, 2026.

Vermont S0007 amends automobile insurance laws to prevent insurers from deducting medical payments from underinsured motorist coverage.

Vermont S0007 modifies automobile insurance regulations to ensure that payments made under a liability insurance policy for medical costs are not deducted from the underinsured motorist coverage available to the insured. This change aims to protect policyholders by maintaining the integrity of their underinsured motorist coverage, ensuring they do not lose benefits due to payments made under other coverages. The bill takes effect on passage and applies to all automobile insurance policies issued or renewed on or after January 1, 2026.