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Office of the Revisor of Statutes

SF 3441 Senate Long Description

E Regulating payment for repair or replacement of damaged motor vehicle glass under automobile insurance policies; requiring payment to the vendor chosen by the insured based on a competitive price, requiring price establishment by the commissioner of commerce in cases of dispute through a market survey to determine a fair and reasonable market price for similar services, specifying certain survey requirements; restricting motor vehicle glass vendors in the offering of rebates, discounts or other incentives to replace or repair auto glass covered by insurance, imposing penalties and remedies for violation; requiring the commissioner to deposit in a separate account money voluntarily contributed by insurance companies and the auto glass industry for market survey purposes and appropriating money in the account to the commissioner for the survey (ja)