SB427 — Financial Responsibility Law - As introduced, beginning January 1, 2019, increases the minimum single policy limit, cash deposit, and bond amount required for proof of insurance under the Tennessee Financial Responsibility Law of 1977; authorizes a party in certain civil actions to obtain discovery of the contents of an automobile insurance agreement; makes other related revisions. - Amends TCA Title 24, Chapter 5; Title 55, Chapter 12 and Title 56, Chapter 7.

SB427 — Financial Responsibility Law - As introduced, beginning January 1, 2019, increases the minimum single policy limit, cash deposit, and bond amount required for proof of insurance under the Tennessee Financial Responsibility Law of 1977; authorizes a party in certain civil actions to obtain discovery of the contents of an automobile insurance agreement; makes other related revisions. - Amends TCA Title 24, Chapter 5; Title 55, Chapter 12 and Title 56, Chapter 7. · Informed CitizenrySB427 amends the Tennessee Financial Responsibility Law to increase the minimum insurance requirements for motor vehicles. Beginning January 1, 2019, the law requires a single policy limit of at le…Open in Informed Citizenry