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IN SB0231
Bill
Status
1/6/2011
Primary Sponsor
James Merritt
Click for details
AI Summary
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Requires motor vehicle insurers to pay authorized repair claims directly to the repair facility rather than to the policyholder, with the repair facility named as payee
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For vehicles subject to a lien, insurers must provide written notice to the loss payee within 30 days of repair completion
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For vehicles without a lien, insurers must issue payment naming both the policyholder and the repair facility as payees
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Classifies violations as unfair claim settlement practices and makes insurers liable to repair facilities for double actual damages or $500 plus attorney fees, whichever is greater
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The repair facility's endorsement of the payment serves as certification that the repair has been completed
Legislative Description
Motor vehicle repair insurance claims.
Last Action
Senators Smith and Grooms added as coauthors
1/11/2011