HOUSE BILL NO. HB0188 A BILL. for. AN ACT relating to motor vehicles; amending requirements. for motor vehicle liability policies and financial

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1 00 STATE OF WYOMING 0LSO-0 HOUSE BILL NO. HB0 Motor vehicle liability policies. Sponsored by: Representative(s) Meuli A BILL for AN ACT relating to motor vehicles; amending requirements for motor vehicle liability policies and financial responsibility as specified; and providing for an effective date. Be It Enacted by the Legislature of the State of Wyoming: Section. W.S. --(a)(xi), --0(d), --0(a) and (b)(ii) and --0(a) are amended to read: --. Definitions. (a) As used in this act: (xi) "Proof of financial responsibility" means evidence of ability to respond in damages for liability and Bill Copy //00 - : PM HB0

2 00 STATE OF WYOMING 0LSO-0 medical costs, resulting from accidents occurring subsequent to the effective date of the proof, arising out of the ownership, maintenance or use of a motor vehicle, in the amount of twenty-five thousand dollars ($,000.00) because of bodily injury to or death of one () person in any one () accident, and subject to the limit for one () person, in the amount of fifty thousand dollars ($0,000.00) because of bodily injury to or death of two () or more persons in any one () accident, and in the amount of twenty thousand dollars ($0,000.00) because of injury to or destruction of property of others in any one () accident amounts specified in W.S. --0(b); --0. Suspension of license and registration after accident report; exclusions and security requirements. (d) No insurance policy or surety bond is effective 0 under this section unless issued by an insurance company or surety company authorized to do business in this state, except that if the motor vehicle was not registered in this state, or was a motor vehicle which was registered elsewhere than in this state at the effective date of the policy or bond, or the most recent renewal thereof, the Bill Copy //00 - : PM HB0

3 00 STATE OF WYOMING 0LSO-0 policy or bond is not effective under this section unless the insurance company or surety company if not authorized to do business in this state executes a power of attorney authorizing the division to accept service on its behalf of notice or process in any action upon the policy or bond arising out of the accident. Every policy or bond shall be subject, if the accident has resulted in bodily injury or death, to a limit, exclusive of interest and costs, of not less than twenty-five thousand dollars ($,000.00) because of bodily injury to or death of one () person in any one () accident and, subject to the limit for one () person, to a limit of not less than fifty thousand dollars ($0,000.00) because of bodily injury to or death of two () or more persons in any one () accident, and, if the accident has resulted in injury to or destruction of property, to a limit of not less than twenty thousand dollars ($0,000.00) because of injury to or destruction of property of others in any one () accident the limits specified in W.S. --0(b) "Liability policy" defined; required coverage; additional clauses. Bill Copy //00 - : PM HB0

4 00 STATE OF WYOMING 0LSO-0 (a) As used in this act "liability policy" means an owner's or an operator's policy of liability insurance, certified as provided in W.S. --0 or --0 as proof of financial responsibility, and issued, except as otherwise provided in W.S. --0, by an insurance carrier authorized to transact business in this state, to or for the benefit of the person named as insured, the owner of the vehicle, if different, the operator of the vehicle and the passengers in any motor vehicle involved in a motor vehicle accident involving the covered motor vehicle. (b) An owner's policy of liability insurance shall: 0 (ii) Insure the person named and, except for persons specifically excluded pursuant to W.S. --, any other person, as insured, using any covered motor vehicle with the express or implied permission of the named insured for medical costs incurred and against loss from the liability imposed by law for damages arising out of the ownership, maintenance or use of the motor vehicle within the United States of America or the Dominion of Canada, subject to limits exclusive of interest and costs with respect to each motor vehicle, as follows: Bill Copy //00 - : PM HB0

5 00 STATE OF WYOMING 0LSO-0 (A) Twenty-five thousand dollars ($,000.00) because of bodily injury to or death of one () person in any one () accident and, subject to the limit for one () person, fifty thousand dollars ($0,000.00) because of bodily injury to or death of two () or more persons in any one () accident; and (B) Twenty thousand dollars ($0,000.00) because of injury to or destruction of property of others in any one () accident;. and (C) Ten thousand dollars ($,000.00) for medical costs of the owner or operator of the covered motor vehicle and any passenger not covered under subparagraph (A) of this paragraph. treasurer Cash and securities deposited with state 0 (a) Proof of financial responsibility may be evidenced by the certificate of the state treasurer that the person named therein has deposited with him twenty-five thousand dollars ($,000.00) fifty thousand dollars Bill Copy //00 - : PM HB0

6 00 STATE OF WYOMING 0LSO-0 ($0,000.00) in cash, or securities as provided by W.S. -- or as may legally be purchased for trust funds of a market value of twenty-five thousand dollars ($,000.00) fifty thousand dollars ($0,000.00). The state treasurer shall not accept any deposit and issue a certificate therefor and the division shall not accept the certificates unless accompanied by evidence that there are no unsatisfied judgments of any character against the depositor in the county where the depositor resides. Section. This act is effective April, 00. (END) Bill Copy //00 - : PM HB0

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