Motor vehicle insurance; increasing certain percent damage required for title return. Effective date.

Summary

The new law changes the rule so a vehicle’s title must be surrendered and a salvage title issued only when repair costs exceed 70 % of the vehicle’s fair market value, up from the former 60 % threshold. It affects insurers, vehicle owners, junk dealers and the state agency that manages titles. The goal is to keep heavily damaged cars off the road while avoiding unnecessary salvage branding.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share