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MO HB2046
Bill
Status
3/29/2012
Primary Sponsor
Donald Phillips
Click for details
AI Summary
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Vehicles repaired by an insurance-authorized body shop following a traffic accident are deemed adequately repaired if the itemized estimate is approved by the insurance company and used to complete repairs.
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Repaired vehicles cannot be subject to diminished value when traded or sold at an automobile dealership or to an individual.
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Vehicle value shall be determined using Kelly Blue Book or National Automobile Dealers Association (N.A.D.A.) publications, considering the vehicle's condition at time of trade.
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Attempting to diminish the value of a vehicle meeting these repair criteria at time of sale is classified as a class B misdemeanor.
Legislative Description
Specifies that any vehicle repaired by a body shop authorized by the owner's insurance company following a traffic accident must be deemed adequately repaired without diminished value for resale
Last Action
Referred: General Laws (H)
4/4/2012