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SB697: Motor vehicle insurance settlement practices; cap on reimbursement for paint and materials.

Chief Patron

Sen. Chap Petersen (D-34)

Chap Petersen (D-34)
Fairfax, VA
Served: 2008–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

03/02/2008: signed by governor

View Entire History

Summary

Motor vehicle insurance; payments for repairs. Requires that the compensation paid by the insurer for repair parts and service shall not be less than the amounts charged by the repairer to retail customers unless the amounts are not reasonable, and excludes certain items from determinations of the compensation paid by the insurer. The measure also requires that (i) increases in service compensation be requested in writing and be based on 100 consecutive repair orders or all repair orders over a 90-day period, whichever occurs first, and (ii) increases in compensation for paint and parts be stated as a percentage of markup to be uniformly applied to all parts.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/05/2008, 02/06/2008, 02/06/2008, 02/07/2008, 02/07/2008, 02/08/2008, 02/08/2008, 02/13/2008, 02/13/2008, 02/18/2008, 02/18/2008, 02/19/2008, 02/19/2008, 02/20/2008, 02/22/2008 and 02/22/2008.

Poll Results

No Richmond Sunlight visitors voted on this bill while voting was open.

Tags

Bill Text

Related Bills

Introduced: December 05, 2007
Status: signed by governor

: Antique motor vehicles; eliminates notarization requirements of certain information thereof.

Introduced: December 07, 2007
Status: in subcommittee

: Motor vehicle; forfeiture thereof for two or more offenses of driving without valid license.

Introduced: December 05, 2007
Status: Failed to Pass in Committee

: Keep Our Promise Act of 2008; reinstates Personal Property Tax Relief Act of 1998, report.

Introduced: December 19, 2007
Status: Failed to Pass in Committee

: Traffic accident reports; increases amount of damage threshold to be reported by law enforcement.

Introduced: January 07, 2008
Status: Failed to Pass in Committee

: Nonrepairable vehicles; title and registration.

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