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MS HB832
Bill
Status
2/23/2016
Primary Sponsor
Kevin Horan
Click for details
AI Summary
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Amends Section 83-11-501 of the Mississippi Code to change the standard for maximum insurance payments for motor vehicle repairs from "lowest amount" to "prevailing market rate"
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Requires insurance payments for vehicle repairs (including glass) to align with manufacturer's suggested repair standards, performed by contractors or repair shops within a reasonable geographical or trade area
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Maintains existing prohibition on insurers requiring policyholders to use particular contractors or repair shops as a condition of claim payment
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Takes effect July 1, 2016
Legislative Description
Motor vehicle; provide that the most insurers shall be required to pay for repairs is the prevailing market rate.
Last Action
Died In Committee
2/23/2016