Bill Text: OR SB534 | 2011 | Regular Session | Enrolled
Bill Title: Relating to motor vehicle liability insurance.
Sponsorship: Partisan Bill (Republican 1)
Status: (Passed) 2011-05-24 - Effective date, January 1, 2012. [SB534 Detail]
Download: Oregon-2011-SB534-Enrolled.html
76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session
Enrolled
Senate Bill 534
Sponsored by Senator STARR (at the request of Auto Appraisers of
Oregon) (Presession filed.)
CHAPTER ................
AN ACT
Relating to motor vehicle liability insurance; creating new
provisions; and amending ORS 742.466.
Be It Enacted by the People of the State of Oregon:
SECTION 1. ORS 742.466 is amended to read:
742.466. (1) In the event of a dispute between the insurer and
insured under a motor vehicle liability policy concerning
coverage for physical damage, if the policy contains a provision
authorizing the insured to obtain an independent appraisal by a
{ + competent and + } disinterested { - party - }
{ + person + }of the physical damage, that provision shall
apply. { + An independent appraisal conducted under this section
shall be performed by a person who has been issued a vehicle
appraiser certificate under ORS 819.480 or a person who has been
issued a vehicle appraiser certificate or license by another
state or government body. + }
(2) When a motor vehicle liability policy contains a provision
for resolving a dispute through appraisal of a motor vehicle
insured under the policy, the insurer shall reimburse the insured
for the reasonable appraisal costs if the final appraisal
decision under the policy provision is greater than the amount of
the insurer's last offer prior to the incurrence of the appraisal
costs.
(3) If a motor vehicle liability policy does not contain a
provision described in subsection (1) of this section, then
notwithstanding any other provision of the policy, any resolution
of the dispute shall be subject to rules adopted by the Director
of the Department of Consumer and Business Services.
SECTION 2. { + The amendments to ORS 742.466 by section 1 of
this 2011 Act apply to motor vehicle liability insurance policies
issued or renewed on or after the effective date of this 2011
Act. + }
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Enrolled Senate Bill 534 (SB 534-A) Page 1
Passed by Senate March 23, 2011
.............................................................
Robert Taylor, Secretary of Senate
.............................................................
Peter Courtney, President of Senate
Passed by House May 12, 2011
.............................................................
Bruce Hanna, Speaker of House
.............................................................
Arnie Roblan, Speaker of House
Enrolled Senate Bill 534 (SB 534-A) Page 2
Received by Governor:
......M.,............., 2011
Approved:
......M.,............., 2011
.............................................................
John Kitzhaber, Governor
Filed in Office of Secretary of State:
......M.,............., 2011
.............................................................
Kate Brown, Secretary of State
Enrolled Senate Bill 534 (SB 534-A) Page 3
