Changes the process by which a dispute between the insured and their insurance company, concerning property damages and requires that the umpire appraisers shall be disinterested and the cost shared equally.
Changes the process by which a dispute between the insured and their insurance company, concerning property damages and requires that the umpire appraisers shall be disinterested and the cost shared equally.
Insurance; motor vehicle total loss or damage claim; appraisal process; requiring policies to include certain provision; claim notification; effective date.
Amends unfair claims practices law by requiring an insurance appraisal by a licensed appraiser where damage to a motor vehicle exceeds $5,000 (from $2,500) and eliminates language that prohibits an appraisal based on photos of a damaged motor vehicle.