LEGISLATORS RAISING AUTO LIABILITY LIMITS

The Mississippi Legislature is considering raising automobile liability limits, which could increase insurance premiums in the state. The Mississippi House and Senate each passed legislation that for the first time since 1972 increased the minimum coverage required. Both versions differ slightly.

Current law requires drivers to have $10,000 for bodily injury, $20,000 for personal injury and $5,000 for property damage. Both the House and Senate propose $25,000 for bodily injury and $50,000 for personal injury. House Bill 722 suggests $25,000 for property damage, compared to $20,000 in Senate Bill 2328.