Tell Virginia Lawmakers to OPPOSE SB 256

SB 256 is a solution in search of a problem—and a bad solution at that. The bill creates a “bad faith” action for underinsured/uninsured motorist coverage. It also provides for an award of double the judgment with a $500,000 cap — meaning a policy with $30,000 coverage may be forced to pay up to $500,000. In addition, it’s duplicative of existing Virginia law, which already provides remedies for consumers under the Unfair Claims Settlement Practices Law and could lead to higher insurance costs at a time when consumers can least afford it.