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RI H7604
Bill
Status
Introduced
2/11/2026
Primary Sponsor
Jose Batista
Click for details
AI Summary
- Raises the damage threshold requiring a licensed appraiser to perform a physical inspection of a motor vehicle from $2,500 to $5,000
- Extends the deadline for insurers to perform an initial appraisal from 3 business days to 4 business days after receiving a request from an auto body repair shop
- Clarifies that "fair market value" for total loss determinations may be established using nationally recognized retail value compilations used by either the automotive or insurance industry
- Takes effect immediately upon passage
Legislative Description
Increases minimum amount for required damages and time to perform appraisal from three days to four.
Insurance
Last Action
Withdrawn at sponsor's request
3/6/2026
Committee Referrals
Corporations2/11/2026
Full Bill Text
No bill text available