SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
1999 SESSION
HB 2292 Private pleasure watercraft; optional uninsured coverage.
Introduced by: Ward L. Armstrong | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Liability insurance; private pleasure watercraft; optional uninsured private pleasure watercraft coverage. Requires insurers to offer limits of liability for optional uninsured private pleasure watercraft coverage that are equal to the liability limits of the private pleasure watercraft policy. This optional uninsured coverage must include bodily injury and property damage liability, and such coverage will be treated as excess coverage over any other valid and collectible insurance of any kind applicable to the property. No insurer, however, is required to pay damages for uninsured private pleasure watercraft coverage in excess of the limits of uninsured private pleasure watercraft provided by the policy. The requirement to offer any such insurance is limited, by this bill, to insurers offering policies and contracts of marine protection and indemnity insurance. The bill also stipulates that the term “uninsured private pleasure watercraft” does not include any watercraft owned by, furnished to, or available for the regular use of any insured, or owned by any governmental unit or agency. Additionally, the bill prescribes service of process when invoking the uninsured coverage provided by this statute.
SUMMARY AS PASSED HOUSE:
Liability insurance; private pleasure watercraft; optional uninsured private pleasure watercraft coverage. Requires insurers to offer limits of liability for optional uninsured private pleasure watercraft insurance that are equal to the liability limits of the private pleasure watercraft policy. This optional uninsured coverage must include bodily injury and property damage liability, and such coverage will be treated as excess coverage over any other valid and collectible insurance of any kind applicable to the property. No insurer, however, is required to pay damages for uninsured private pleasure watercraft coverage in excess of the limits of uninsured private pleasure watercraft provided by the policy. The requirement to offer any such insurance is limited, by this bill, to insurers offering policies and contracts of marine protection and indemnity insurance.
SUMMARY AS INTRODUCED:
Liability insurance; private pleasure watercraft; optional uninsured private pleasure watercraft coverage. Requires insurers to offer limits of liability for optional uninsured private pleasure watercraft insurance that are equal to the liability limits of the private pleasure watercraft policy. This optional uninsured coverage must include bodily injury and property damage liability. No insurer, however, is required to pay damages for uninsured private pleasure watercraft coverage in excess of the limits of uninsured private pleasure watercraft provided by the policy.