This bill proposes to amend Arizona Revised Statutes by adding a new section, 28-2099, which outlines the procedures for salvage vehicles in relation to insurance claims. Under the new provisions, insurance companies can request salvage auction dealers to take possession of salvage vehicles after fulfilling specific requirements. If the insurance claim is denied or if there is a lack of coverage or cooperation from the vehicle's owner, the insurance company must notify the salvage auction dealer to release the vehicle to the owner or lienholder. The bill also establishes a process for notifying the owner or lienholder about the availability of the vehicle and any outstanding charges, as well as the consequences of failing to pick up the vehicle within specified timeframes.

Additionally, if the vehicle is not collected and the invoice remains unpaid after thirty days, it will be classified as abandoned, allowing the salvage auction dealer to request a salvage certificate of title or a nonrepairable vehicle certificate. The bill specifies the requirements for this request, including proof of notice delivery to the owner or lienholder and payment of a fee. Importantly, the department is mandated to issue a title free of liens or encumbrances to the salvage auction dealer once all conditions are met, thereby streamlining the process for handling salvage vehicles.

Statutes affected:
Introduced Version: 28-2099