Tennessee SB 307: Financial Responsibility Law - As introduced, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2019. - Amends TCA Title 55 and Title 56.

Status: Assigned to General Subcommittee of Senate Commerce & Labor Committee (as of 2019-03-19)

State: Tennessee · Session: 111 · Bill: SB 307

Subjects: Financial Responsibility Law

Sponsors: Baum, Lundberg

View Tennessee SB 307 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.