Creating a third-party claimant's right to appraisal under automobile liability insurance policies.

This bill would give third-party claimants the right to use an appraisal process to resolve property damage disputes with automobile liability insurers, without needing to file a lawsuit. Under the new rules, either the claimant or the insurer can request an appraisal when they cannot agree on the amount of loss, and each party selects an appraiser who then works with an umpire to determine the final value. The bill applies to all automobile liability insurance policies issued or renewed on or after January 1, 2027, and includes enforcement measures that allow the insurance commissioner to impose fines or take other actions against insurers that fail to comply.