HB 2231·TN·house
Motor Vehicles - As introduced, enacts the "Tennessee Vehicle Value Protection Product Act." - Amends TCA Title 47; Title 55 and Title 56.
In CommitteeFiled Feb 2, 2026
Sponsor: Dixie
Latest Action
Taken off notice for cal in s/c Insurance Subcommittee of Insurance Committee
Mar 11, 2026
Summary
The bill establishes the Tennessee Vehicle Value Protection Product Act, setting rules for companies that sell contracts protecting a car’s value after loss, theft, or trade‑in. It applies to providers, dealers, insurers and vehicle owners, mandating insurance guarantees, clear disclosures, and prohibiting the tying of credit terms to the purchase of such contracts.
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