AN ACT RELATING TO INSURANCE -- MOTOR VEHICLE APPRAISAL PROVISION

Summary

The bill creates a structured appraisal system when an insurer and a claimant cannot agree on a vehicle loss amount. Each side selects a disinterested Rhode Island‑licensed appraiser, and if they cannot resolve the dispute, an umpire is appointed to decide. It also outlines who pays the appraisers and under what circumstances costs are shared or reimbursed.

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

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