AN ACT RELATING TO INSURANCE -- LIABILITY INSURANCE -- UNINSURED MOTORIST COVERAGE

HB 7336 expands existing uninsured motorist coverage to include property damage (like vehicle damage) alongside bodily injury, which was previously only covered for bodily harm. It requires insurers to offer property damage coverage unless a driver with collision coverage specifically rejects it in writing. The bill mandates insurers to inform policyholders about this coverage option during renewals and sets a $200 deductible for property damage claims. This change directly affects drivers in Rhode Island who need to file claims for property damage caused by underinsured or uninsured drivers.