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Insurance industry, consumer groups and repair shops spar over appraisal thresholds, valuation tools and rental coverage
Summary
The House Corporations Committee heard multiple insurance‑related bills on March 25, including proposals to raise appraisal thresholds, change allowable valuation tools for totaled vehicles, require comparable rental vehicles for claimants, change total‑loss thresholds, and restrict defense‑within‑limits policies.
Committee members heard a cluster of insurance‑related proposals on March 25 and received competing testimony from insurance trade groups, repair shops, rental companies and consumer advocates.
Key items discussed: • Appraisal threshold and use of photos (House Bill 5571): Insurers and trade associations supported raising the threshold for a licensed, on‑site appraiser from $2,500 to $5,000 and allowing modern photo/video and validated online tools to resolve smaller claims more efficiently. Jonathan Treiber of the American Property Casualty Insurance Association said $5,000 is below the state’s average auto claim and would focus in‑person appraisers on larger losses.
• Consu…
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