SB7: Bill Text

SB7,9,2 3. The identity of neither the operator nor the owner of the motor vehicle can be ascertained.

SB7, s. 15 Section 15. 632.32 (2) (e) 3. of the statutes is amended to read:

SB7,9,7 632.32 (2) (e) 3. The limits under the bodily injury liability insurance policy or with respect to the proof of financial responsibility or self-insurance are less than the amount needed to fully compensate the insured for his or her damages limits of the insured's underinsured motorist coverage.

SB7, s. 16 Section 16. 632.32 (2) (g) (intro.) of the statutes is amended to read:

SB7,9,17 632.32 (2) (g) (intro.) "Uninsured motor vehicle" means a motor vehicle, other than a motor vehicle owned by a governmental unit, that is involved in an accident with a person who has uninsured motorist coverage and with respect to which, at the time of the accident, a bodily injury liability insurance policy is not in effect and the owner or operator has not furnished proof of financial responsibility for the future under subch. III of ch. 344 and is not a self-insurer under any other applicable motor vehicle law. "Uninsured motor vehicle" also includes any of the following motor vehicles, other than a motor vehicle owned by a governmental unit, involved in an accident with a person who has uninsured motorist coverage:

SB7, s. 17 Section 17. 632.32 (2) (g) 2. of the statutes is repealed and recreated to read:

SB7,9,19 632.32 (2) (g) 2. A phantom motor vehicle, if all of the following apply:

SB7,9,22 a. The facts of the accident are corroborated by competent evidence that is provided by someone other than the insured or any other person who makes a claim against the uninsured motorist coverage as a result of the accident.

SB7,9,24 b. Within 72 hours after the accident, the insured or someone on behalf of the insured reports the accident to a police, peace, or judicial officer or to the department of transportation or, if the accident occurs outside of Wisconsin, the equivalent agency in the state where the accident occurs.

SB7,10,7 c. Within 30 days after the accident occurs, the insured or someone on behalf of the insured files with the insurer a statement under oath that the insured or a legal representative of the insured has a cause of action arising out of the accident for damages against a person whose identity is not ascertainable and setting forth the facts in support of the statement.

SB7, s. 18 Section 18. 632.32 (4) (a) 1. of the statutes is amended to read:

SB7,10,11 632.32 (4) (a) 1. Excluding a policy written by a town mutual organized under ch. 612, uninsured motorist coverage, in limits of at least $100,000 $25,000 per person and $300,000 $50,000 per accident.

SB7, s. 19 Section 19. 632.32 (4) (a) 2m. of the statutes is amended to read:

SB7,10,15 632.32 (4) (a) 2m. Excluding a policy written by a town mutual organized under ch. 612, underinsured motorist coverage, in limits of at least $100,000 $50,000 per person and $300,000 $100,000 per accident.

SB7, s. 20 Section 20. 632.32 (4) (a) 3m. of the statutes is amended to read:

SB7,10,19 632.32 (4) (a) 3m. Medical payments coverage, in the amount of at least $10,000 $1,000 per person. Coverage written under this subdivision may be excess coverage over any other source of reimbursement to which the insured person has a legal right.

SB7, s. 21 Section 21. 632.32 (4) (d) of the statutes is amended to read:

SB7,10,22 632.32 (4) (d) This subsection does not apply to commercial liability policies or umbrella or excess liability policies, which are subject to sub. (4r).

SB7, s. 22 Section 22. 632.32 (4r) of the statutes is repealed.

SB7, s. 23 Section 23. 632.32 (6) (d) of the statutes is renumbered 632.32 (5) (f) and amended to read:

SB7,11,8 632.32 (5) (f) No A policy may provide that, regardless of the number of policies involved, vehicles involved, persons covered, claims made, vehicles or premiums shown on the policy, or premiums paid, the limits for any uninsured motorist coverage or underinsured motorist coverage under the policy may not be added to the limits for similar coverage applying to other motor vehicles to determine the limit of insurance coverage available for bodily injury or death suffered by a person in any one accident, except that a policy may limit the number of motor vehicles for which the limits for coverage may be added to 3 vehicles.

SB7, s. 24 Section 24. 632.32 (6) (e) of the statutes is renumbered 632.32 (5) (g) and amended to read:

SB7,11,18 632.32 (5) (g) No A policy may provide that the maximum amount of uninsured motorist coverage or, underinsured motorist coverage, or medical payments coverage available for bodily injury or death suffered by a person who was not using a motor vehicle at the time of an accident is any the highest single limit of uninsured motorist coverage or, underinsured motorist coverage, or medical payments coverage, whichever is applicable, for any motor vehicle with respect to which the person is insured, except that a policy may limit the number of motor vehicles for which coverage limits may be added to 3 vehicles.

SB7, s. 25 Section 25. 632.32 (6) (f) of the statutes is repealed.

SB7, s. 26 Section 26. 632.32 (6) (g) of the statutes is renumbered 632.32 (5) (i), and 632.32 (5) (i) (intro.), as renumbered, is amended to read:

SB7,11,25 632.32 (5) (i) (intro.) No A policy may provide that the limits under the policy for uninsured motorist coverage or underinsured motorist coverage for bodily injury or death resulting from any one accident shall be reduced by any of the following that apply:

SB7, s. 27 Section 27. 632.355 of the statutes is repealed.

SB7, s. 28 Section 28 . Initial applicability.

SB7,12,9 (1) Limits and miscellaneous changes. The treatment of sections 121.555 (2) (a), 344.01 (2) (am) and (d), 344.11, 344.15 (1) (intro.), (a), and (b), 344.55 (1) (intro.), 631.43 (3), and 632.32 (2) (ac), (bh), (e) 3., and (g) (intro.) and 2., (4) (a) 1., 2m., and 3m. and (d), (4r), and (6) (d), (e), (f), and (g) of the statutes, the renumbering and amendment of section 344.33 (2) of the statutes, and the creation of section 344.33 (2) (a), (b), and (c) of the statutes first apply to motor vehicle insurance policies that are newly issued or renewed on the effective date of this subsection.

SB7,12,12 (2) High-risk category. The treatment of section 632.355 of the statutes first applies to motor vehicle insurance policies that are newly issued on the effective date of this subsection.

SB7, s. 29 Section 29. Effective date.

SB7,12,15 (1) This act takes effect on the first day of the 7th month beginning after publication.

SB7,12,16 (End)