Auto Insurance Limits May Change
A West Virginia Senate committee advanced a bill Monday that would raise the minimum coverage that auto insurers have to provide. Under current law, auto insurance must provide a minimum of $40,000 to cover all bodily injuries and $10,000 to cover property damage. The bill originally wanted to raise those minimums to $100,000 for injuries and $25,000 for property. The version that emerged from the committee Monday raised the minimums to $50,000 for injuries and $25,000 for property. Opponents say the changes would result in higher premiums and more uninsured drivers. Supporters say the current limits are 34 years old and have not been adjusted for inflation.