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Bill would let insurers apply for titles when insureds fail to return papers for total‑loss vehicles
Summary
Senate File 950 would allow an insurer that has paid a total‑loss claim but cannot obtain the vehicle title from the insured to apply for a title so the salvage vehicle can be auctioned. The bill was laid over for possible inclusion after stakeholders told the committee there is no known opposition.
Senate File 950, presented by Sen. Dan Jasinski, would create a process for insurers and salvage auction companies to secure title to a vehicle when an insurer has paid a total‑loss claim but the insured has not provided the title. The change is intended to align Minnesota with the majority of other states and avoid abandoned…
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