H. B. 3169
(By Delegates Barker, Staton and H. White)
[Introduced March 23, 2005; referred to the
Committee on Banking and Insurance then the Judiciary.]
A BILL to amend and reenact §17D-4-2 of the Code of West Virginia,
1931, as amended, relating to increasing the required minimum
liability insurance required on a motor vehicle.
Be it enacted by the Legislature of West Virginia:
That §17D-4-2 of the Code of West Virginia, 1931, as amended,
be amended and reenacted to read as follows:
ARTICLE 4. PROOF OF FINANCIAL RESPONSIBILITY FOR THE FUTURE.
§17D-4-2. "Proof of financial responsibility" construed.
The term "proof of financial responsibility" as used in this
shall mean means: Proof of ability to respond in damages
for liability, on account of accident occurring subsequent to the
effective date of said proof, arising out of the ownership,
operation, maintenance or use of a motor vehicle, trailer or
semitrailer in the amount of twenty fifty thousand dollars because
of bodily injury to or death of one person in any one accident, and, subject to said limit for one person, in the amount of forty
one hundred thousand dollars because of bodily injury to or death
of two or more persons in any one accident, and in the amount of
ten thousand dollars because of injury to or destruction of
property of others in any one accident.
NOTE: The purpose of this bill is to increase the required
minimum liability insurance required on a motor vehicle.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would