Skip to main content
Arizona Department of Insurance Logo
  • Home
    • Español
    • About the DIFI
    • Enforcement Actions
    • Fee Schedule
    • Laws and Rules
    • Public Meetings
    • Record Requests/Service of Process
    • Reports
    • Regulatory Bulletins
    • Rulemaking
  • Consumers
  • Producers
  • Insurers
  • PROVIDERS
  • LICENSE SEARCH
  • CONTACT US
  • Home
  • Consumer Alert - Will your auto insurance coverage limits change on July 1, 2020?

Consumer Alert - Will your auto insurance coverage limits change on July 1, 2020?

CONSUMER ALERT

Will your auto insurance coverage limits change on July 1, 2020?

The law[1] that establishes the minimum amount of liability insurance coverage that drivers can buy has changed.  Starting July 1, 2020, the minimum amount of liability coverage that insurance companies can provide when issuing or renewing an auto insurance policy is increasing.  Currently, the minimum limits are:

  • $15,000 for one person sustaining bodily injury or death in an accident,
  • $30,000 for two or more persons sustaining bodily injury or death in an accident, and
  • $10,000 for damage to others' property.

This is commonly referred to as 15/30/10.

The minimum limits for auto insurance policies are increasing to:

  • $25,000 for one person sustaining bodily injury or death in an accident,
  • $50,000 for two or more persons sustaining bodily injury or death in an accident, and
  • $15,000 for damage to others’ property,

All new auto insurance policies issued on or after July 1, 2020 must be issued at limits of no less than 25/50/15.  All auto insurance policies renewing on or after July 1, 2020 that have the 15/30/10 limits will automatically be adjusted to the higher limits of 25/50/15. 

If your current policy limits are below the new limits, your renewal premiums will likely increase to correspond to the increase in coverage.  If your policy renews in May or June, you may retain the old 15/30/10 minimum limits until your next renewal, unless you choose to change your coverages sooner.

If you have uninsured and/or underinsured coverages on your policy at the minimum 15/30 limits, your insurer will automatically increase these coverages to match the new minimum 25/50 limits and adjust your premiums accordingly.  You can choose to change your coverages at any time, but this is the new minimum amount of uninsured and underinsured coverage you can select on policies purchased or renewed on or after July 1, 2020.

Policyholders may wish to contact their agents or insurance company customer service to inquire about any potential change to their premiums. 

For more information about financial responsibility requirements, visit: https://azdot.gov/motor-vehicles/faq-motor-vehicle-division/vehicle-services-faq/mandatory-insurance-faq

 

[1] A.R.S. § 28-4009 was amended by SB 1087 (Chapter 301, 2019)

PDF icon Increasing Auto Limits Consumer Alert Final 6.3.2020.pdf
Arizona's Surprise Bill Resolution Report for 2019

As shown in the attached report prepared pursuant to A.R.S. § 20-3118(A), the Department of Insurance received 91 requests for dispute resolution in Calendar Year 2019.  Of those, 53 have been resolved or closed, and health plan enrollees saved $41,538 by submitting their surprise bills for resolution.  

Not all health care bills qualify for the surprise bill resolution process.  The Department's Suprise Out-of-network Billing Dispute Resolution website (https://insurance.az.gov/soonbdr, and especially the section entitled, "I got a surprise bill. Can I submit a request for arbitration?") lists conditions when a health care bill may not qualify under Arizona law for the dispute resolution process.  But for those that do, the enrollee will only be responsible for paying the enrollee's cost-sharing amounts (copay, coinsurance and deductible) if the enrollee provides information the Department needs, and participates in an informal settlement teleconference with the health care insurer and the health care provider.

Insurers Offering Individual Health Insurance in Arizona

Lists insurance companies that are offering health insurance to individuals and families in Arizona in 2020.  Open enrollment starts November 1st and now runs through December 17th, 2019.  Individuals can start shopping for coverage now at healthcare.gov or cuidadodesalud.gov (Spanish)

Notice of Proposed Rulemaking - Corporate Governance Annual Disclosure Model Regulation In 2019, the Arizona Legislature adopted the NAIC Corporate Governance Annual Disclosure Model Act at Arizona Revised Statutes (“ARS”) by enacting the Corporate Governance Act at Title 20, Chapter 2, Article 16 (Laws 2019, 1st Reg. Sess., Ch. 180, § 1).   The Department of Insurance (“Department”) seeks to adopt the correlate Corporate Governance Annual Disclosure Model Regulation.  ARS § 20-492.02 allows the Department to adopt rules to carry out the Act upon notice and an opportunity to be heard.  The Legislature has exempted the Department from Title 41, Chapter 6 for one year after the effective date of the Act.  (Laws 2019, 1st Reg. Sess., Ch. 180, § 2.)
Arizona State Seal

Footer Utility

  • Statewide Policies
  • Site Map
  • Privacy Policy

Footer Nav

  • Statewide Policies
  • Site Map