Current law forbids uninsured and underinsured medical coverage to take a setoff when medical insurance pays a part of the damages caused by a crash. The bill clarifies that this does not require the insurers to pay more than the actual damages caused by the crash. An insurer is authorized to prohibit stacking the limits of more than one uninsured motorist coverage policy if the provisions are included in a single policy covering multiple vehicles or in multiple policies issued by one insurer or by insurers under common ownership or management. But this provision must not prohibit stacking of the uninsured or underinsured policies issued to an insured by different companies or to an unrelated person. The maximum liability under the uninsured motorist coverage is the lesser of the policy limits and amounts paid by a legally liable person or the amount of damages sustained but not recovered. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
House Committee on State, Veterans, & Military Affairs Postpone Indefinitely
Introduced In House - Assigned to State, Veterans, & Military Affairs
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Committee
Senate Second Reading Laid Over Daily - No Amendments
Senate Second Reading Laid Over Daily - No Amendments
Senate Second Reading Laid Over Daily - No Amendments
Senate Committee on Judiciary Refer Amended to Senate Committee of the Whole
Bill Text Versions | Format |
---|---|
Amendment L.001 | |
Committee Amendment | |
PA1 (03/08/2017) | |
Introduced (02/14/2017) | |
Engrossed (03/15/2017) | |
Reengrossed (03/16/2017) |
Document | Format |
---|---|
Fiscal Note FN1 (02/22/2017) | |
Fiscal Note FN2 (04/18/2017) | |
Fiscal Note FN3 (06/28/2017) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.