This bill amends sections 60-171 and 60-173 of the Reissue Revised Statutes of Nebraska, focusing on the provisions related to salvage branded certificates of title for motor vehicles. It introduces new definitions, including "consumer care," "structurally totaled vehicle," and clarifies the meaning of terms such as "flood damaged" and "salvage." The bill specifies that a vehicle can be deemed a "structurally totaled vehicle" if it has significant structural damage, while also excluding vehicles that are considered total losses due to cosmetic damage. Additionally, it outlines the process for insurance companies when acquiring salvage vehicles, including the requirement to notify the department and the owner regarding the salvage brand.
The bill also modifies the existing definitions by replacing certain terms and adding new criteria for what constitutes a salvage vehicle. For instance, it clarifies that a vehicle can be designated as salvage if it is deemed structurally totaled by both a consumer care facility and the insurance company. The amendments aim to enhance clarity and ensure that the definitions align with current practices in the insurance and automotive repair industries. The original sections 60-171 and 60-173 are repealed to incorporate these changes.
Statutes affected: Introduced: 60-171, 60-173