Bill Summary for H 402 (2023-2024)

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Summary date: 

Apr 19 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 402 (Public) Filed Thursday, March 16, 2023
AN ACT MAKING VARIOUS CHANGES TO THE MOTOR VEHICLE INSURANCE AND SERVICE OF PROCESS LAWS OF NORTH CAROLINA.
Intro. by Stevens, Humphrey, Gillespie.

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Bill summary

House committee substitute to the 1st edition makes the following changes.

Makes a technical change to state existing law in GS 20-279.5(c).

Replaces the proposed change to GS 20-279.15(2) to reflect the increase of required motor vehicle insurance coverage limit for bodily injury or death of one person from $30,000 to $50,000 in GS 20-279.1(11), defining proof of financial responsibility, as amended (previously referred to a new limit of $60,000).

Eliminates the proposed changes to GS 20-279.21(m), which would have required those who purchase motor vehicle insurance in the state to purchase underinsured motorist bodily coverage, to instead maintain existing law (currently, only required if applicable).

Makes a technical correction to the proposed changes to GS 58-37-35(b)(1)d.