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| Georgia General Assembly |
HBill.html
02 AM 28 0193
ADOPTED
SENATE
Senator Golden of the 8th offered the following
amendment:
Amend the Senate Insurance and Labor
Committee substitute to HB 24 by inserting after "violations;" in line 4 on page
1 "to amend Code Section 33-7-11.1 of the Official Code of Georgia Annotated,
relating to commencement of liability of insurer to pay benefits to third party
on behalf of insured, so as to include towing and storage costs;" and by
inserting after line 5 on page 2 the following:
"SECTION
1A.
Code Section 33-7-11.1 of the Official Code of Georgia
Annotated, relating to commencement of liability of insurer to pay benefits to
third party on behalf of insured, is amended by striking subsections (b) and (c)
and inserting in lieu thereof new subsections (b) and (c) to read as
follows:
'(b) Whenever any insurer
undertakes Any insurer, pursuant to any automobile liability or
motor vehicle liability insurance policy, to
shall pay reasonable benefits for losses to a third party
on behalf of an insured for loss of use and towing and storage costs of
such a motor vehicle, and the liability of the insurer for payment of
the benefits for losses to the third party shall
commence as of the time of the incident or occurrence which results in
the loss of use of the motor vehicle such losses;
provided, however, in no event shall this Code section be construed so as to
require the payment of loss of use and towing and storage costs benefits
in an amount which is greater than the actual loss of use
losses suffered.
(c) The provisions of this
Code section shall be applicable to all automobile liability or motor vehicle
liability insurance policies pursuant to which an insurer undertakes to pay
benefits to a third party on behalf of an insured for the loss of use of such
motor vehicle issued, delivered, or renewed in this state on or after
November 1, 1982 July 1,
2002.'"