MISSISSIPPI LEGISLATURE

1999 Regular Session

To: Insurance

By: Representative McInnis

AN ACT TO REQUIRE AUTOMOBILE INSURANCE POLICIES REGULATED BY THE STATE OF MISSISSIPPI TO OFFER MULTIPLE-VEHICLE COVERAGE TO A SOLE OWNER AT A LOWER RATE THAN THE RATE CHARGED FOR SINGLE-VEHICLE COVERAGE; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. All automobile insurance policies regulated by the State of Mississippi that do not currently offer multiple-vehicle coverage to a sole owner at a lower rate than the rate charged for single-vehicle coverage shall offer multiple-vehicle coverage at the lower rate. This coverage shall be offered on an optional basis, but the owner of the policy must reject such coverage in writing.

SECTION 2. This act shall take effect and be in force from and after July 1, 1999.