A bill for an act relating to standards for settlement of certain motor vehicle insurance claims.

This bill sets new rules for how auto insurance companies handle claims involving vehicle repairs. For property insurance claims (where the insured's own car is damaged), insurers must pay based on the cost of aftermarket parts available within 100 miles of the repair shop, not original manufacturer parts. For liability claims (where someone else's car is damaged), insurers must use original parts unless the vehicle owner gives written consent to use aftermarket parts and the insurer agrees to cover modifications and defend against related claims. Violations can result in fines up to $50,000 or license suspension for insurers.