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HF2494 (Legislative Session 94 (2025-2026))

Motor vehicle insurance provisions modified relating to uninsured and underinsured liability coverage amounts, motorcycle insurance coverage required, and traumatic brain injury (TBI) recovery account and surcharge established.

Related bill: SF2639

AI Generated Summary

Purpose of the Bill

The purpose of this bill is to adjust the existing motor insurance regulations in Minnesota. Specifically, it aims to increase the required coverage amounts for liability, uninsured, and underinsured motorist coverage. The bill also seeks to ensure that motorcycle insurance includes uninsured and underinsured coverage. Additionally, this legislation establishes a program and funding for traumatic brain injury recovery.

Main Provisions

  • Increased Coverage Amounts: The bill raises the minimum amounts required for liability and uninsured/underinsured motorist coverage. This means more financial protection in accidents where the at-fault driver is underinsured or has no insurance.

  • Motorcycle Insurance Requirement: It requires motorcycle insurance policies to also include coverage for uninsured and underinsured motorists, aligning it with standard auto insurance coverage requirements.

  • Traumatic Brain Injury Recovery Program:

    • Establishes a recovery account and program dedicated to assisting individuals with traumatic brain injuries.
    • Introduces a surcharge on automobile insurance policies to fund this program.
    • Requires insurance companies to inform policyholders about this surcharge and provide details on how to access program benefits, including expedited applications for certified life care planning.

  • Arbitration Timelines: The bill sets specific timelines for arbitration processes related to insurance claims, although details on these timelines are not specified in the summary.

  • Reporting Requirements: It mandates reports related to the legislative changes, potentially for monitoring and analyzing the new requirements' effectiveness.

Significant Changes to Existing Law

  • Amendments to several sections within Minnesota Statutes 65B propose changes to current vehicle insurance laws, such as increasing coverage minimums and integrating traumatic brain injury support mechanisms.
  • New coding in Minnesota Statutes chapters is introduced to accommodate the traumatic brain injury recovery program and related procedures.

Relevant Terms

  • Liability Coverage
  • Uninsured Motorist Coverage
  • Underinsured Motorist Coverage
  • Motorcycle Insurance
  • Traumatic Brain Injury (TBI)
  • Surcharge
  • Arbitration
  • Certified Life Care Planner
  • Insurance Policyholder Notification

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 16, 2025HouseFloorActionIntroduction and first reading, referred toCommerce Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "New requirements for liability coverage amounts."
      ],
      "removed": [],
      "summary": "The bill amends Minnesota Statutes 65B.44 by adding a subdivision related to motorist coverage.",
      "modified": []
    },
    "citation": "65B.44"
  },
  {
    "analysis": {
      "added": [
        "Mandatory uninsured and underinsured coverage for motorcycles."
      ],
      "removed": [],
      "summary": "Amendment to Minnesota Statutes 65B.48 subdivision 5, concerning insurance requirements.",
      "modified": []
    },
    "citation": "65B.48"
  },
  {
    "analysis": {
      "added": [
        "Changes raising coverage amount limits."
      ],
      "removed": [],
      "summary": "Modification of Minnesota Statutes 65B.49 subdivisions 3 and 3a with respect to motorist coverage.",
      "modified": [
        "Adjustments to uninsured and underinsured motorist provisions."
      ]
    },
    "citation": "65B.49"
  }
]

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