HB 417 -- UNINSURED MOTORISTS (Yates)

COMMITTEE OF ORIGIN:  Insurance Policy

This bill establishes the Uninsured Motorist Stipulation of
Benefits Act of 2005.  An uninsured motorist involved in an
accident with a complying policyholder will waive any right to
recover damages for a non-economic loss.  Recovery would be
limited to any economic loss.  This waiver will not apply if it
can be proven that the insured operator caused the accident and
was under the influence of drugs or alcohol or is convicted of
vehicular assault or homicide.  Passengers in the uninsured motor
vehicle are not subject to the waiver.  The bill will not apply
to a motorist whose insurance policy was terminated for failure
to pay the premium unless notice of termination for failure to
pay was provided by the insurer at least 30 days prior to the
time of the accident.

FISCAL NOTE:  No impact on state funds in FY 2006, FY 2007, and
FY 2008.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:19 pm