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Insurance companies target bill to boost auto limits

A Senate bill that would force Virginia drivers to carry at least $100,000 in auto liability coverage faces stiff opposition from the insurance industry.

Sen. W. Roscoe Reynolds, D-Martinsville, introduced Senate Bill 1360 at the request of the Carroll County Farm Bureau, according to his office.  The bill would make the minimum coverage for auto policies $100,000 for a single injury, $300,000 for injuries in any one accident, and $100,000 for property damage.  The minimum limits currently are $25,000-$50,000-$20,000.

The bill also would eliminate a driver’s option of paying $500 to register a vehicle as uninsured.

The bill appears to have few friends at Capitol Square.

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