Current Status Bill Number:3564 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19970227 Primary Sponsor:G. Brown All Sponsors:G. Brown Drafted Document Number:bbm\9182jm.97 Residing Body:House Current Committee:Labor, Commerce and Industry Committee 26 HLCI Subject:Motor vehicle insurance coverage extended to loaner and demonstrator vehicles
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
House 19970227 Introduced, read first time, 26 HLCI
referred to Committee
View additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-77-225 SO AS TO EXTEND VARIOUS MOTOR VEHICLE INSURANCE COVERAGES TO "LOANER" VEHICLES AND DEMONSTRATOR VEHICLES AND PROVIDE FOR RELATED MATTERS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 38-77-225. Notwithstanding any other provision of law, every motor vehicle liability insurance policy, every motor vehicle physical damage insurance policy, every motor vehicle uninsured and underinsured motorist insurance policy, and every motor vehicle insurance policy covering death or bodily injury insuring a motor vehicle licensed in this State or the occupants of the motor vehicle shall extend their liability, physical damage, uninsured, and underinsured motorist and death or bodily injury coverages to include any other motor vehicle operated by the insured individual and its occupants if the other motor vehicle is loaned by a licensed automobile dealer as a temporary substitute, with or without compensation, to the insured individual for use as a temporary substitute vehicle while the insured's vehicle is out of use because of breakdown, repair, or servicing or if the other motor vehicle is loaned by a licensed automobile dealer for use as a demonstrator vehicle. However, coverage extends to the loaned or demonstrator vehicle only to the extent of the coverage provided, if any, to the automobile being repaired or serviced. These extensions of liability, physical damage, uninsured, and underinsured motorist and death or bodily injury coverages are primary."
SECTION 2. This act takes effect upon approval by the Governor and applies to all policies of insurance issued or renewed on and after the effective date of this act.