This bill amends provisions related to automotive repairs.
This bill:
- requires that a motor vehicle liability coverage policy include coverage of the difference in market value from before and after a motor vehicle accident, if the insured purchases coverage;
- provides that coverage for a motor vehicle accident may not be stepped down under certain circumstances;
- grants the Insurance Department rulemaking authority to establish a formula to determine the coverage of the difference in market value from before and after a motor vehicle accident;
- requires that a repair facility or installer use crash parts that are substantially equivalent to original equipment manufacturer aftermarket repair parts;
- grants a motor vehicle owner a right of action against a repair facility or installer that does not use crash parts that are substantially equivalent to original equipment manufacturer aftermarket repair parts; and
- makes technical changes.
Statutes affected: Substitute #1: 31A-22-303, 31A-22-319
Introduced: 31A-22-303, 31A-22-319