This is not the official budget document.

Budget Summary FY2016

Outside Section 14
Data Current as of:  8/19/2015




Previous Outside Section Next Outside Section

 

Auto Insurance At-Fault Accidents

SECTION 14.   Subsection (b) of section 57A of said chapter 6C, as so appearing, is hereby amended by inserting after the first sentence the following 2 sentences:- For an at-fault accident claim, a minor accident shall be an accident for which the claim payment, exclusive of any deductible, exceeds $1,000 but is not more than $5,000 under: (i) property damage liability coverage; (ii) collision coverage; (iii) limited collision coverage; (iv) for accidents occurring on or after January 1, 2006, bodily injury liability coverage if there is neither a surchargeable property damage liability coverage claim nor a surchargeable collision coverage claim; or (v) as a result of an accident with a bodily injury liability coverage claim. For an at-fault accident claim, a major accident shall be an accident for which the claim payment, exclusive of any deductible, exceeds $5,000 under either (A): property damage liability coverage; (B) collision coverage; (C) limited collision coverage; (D) for accidents occurring on or after January 1, 2006, bodily injury liability coverage if there is neither a surchargeable property damage liability coverage claim nor a surchargeable collision coverage claim; or (E) as a result of an incident with a bodily injury liability coverage claim.