Summary of the Committee Version of the Bill

HB 884 -- INSURANCE

SPONSOR:  Ward

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Financial Services by a vote of 17 to 0.

This bill allows insurers to offer comprehensive and collision
automobile coverage as an optional rider to an uninsured motorist
policy.

FISCAL NOTE:  No impact on General Revenue Fund in FY 2005, FY
2006, and FY 2007.  Estimated Net Income on Other State Funds of
$0 to $14,500 in FY 2005, $0 in FY 2006, and $0 in FY 2007.

PROPONENTS:  Supporters say that approximately 12% of all drivers
are uninsured, and the property damages they cause are not
covered by the mandatory uninsured motorist coverage.  The bill
merely allows insurers to sell collision and comprehensive
coverage that applies only to the scenario where the insured is
hit by an uninsured driver.

Testifying for the bill was Representative Ward.

OPPONENTS:  There was no opposition voiced to the committee.

Richard Smreker, Senior Legislative Analyst

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:14 am