Rhode Island SB 658: AN ACT RELATING TO INSURANCE - UNFAIR CLAIMS SETTLEMENT PRACTICES ACT (Raises appraisal threshold for auto insurance from $2,500 to $5,000, requires an insurance company to complete the appraisal within four days and redefines fair market value to include commonly used insurance industry compilations.)

Status: 06/03/2021 Committee recommended measure be held for further study (as of 2021-06-03)

State: Rhode Island · Session: 2021 · Bill: SB 658

Subjects: Fees, Finance, Insurance, Motor Vehicle Insurance

Sponsors: Picard

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