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1998 SESSION

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SB 423 Insurance; motor vehicle rental contract insurance.

Introduced by: Charles J. Colgan | all patrons    ...    notes | add to my profiles

SUMMARY:

Insurance; motor vehicle rental contract insurance. Requires individuals selling motor vehicle rental contract insurance to obtain a license from the State Corporation Commission and provide written disclosure to prospective renters that (i) summarizes clearly and correctly the material terms of the insurance coverage offered, (ii) advises the prospective renter that the insurance coverage offered may duplicate coverage already owned by the prospective renter, and (iii) states that the purchase of the insurance coverage offered is not required in order to rent a motor vehicle.


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