Bill Text: WV HB2122 | 2011 | Regular Session | Introduced
Bill Title: Determining the value of a motor vehicle in a claim
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-01-12 - To House Banking and Insurance [HB2122 Detail]
Download: West_Virginia-2011-HB2122-Introduced.html
(By Delegate Hunt)
[Introduced January 12, 2011; referred to the
Committee on Banking and Insurance then the Judiciary.]
A BILL to amend and reenact §33-6-33 of the Code of West Virginia, 1931, as amended, relating to insurance; determining the value of a motor vehicle in a claim; requiring the use of the most recent version of a nationally accepted "official used car guide" for setting the value of a motor vehicle in a claim; and requiring the Insurance Commissioner to identify and make available to the public the most recent nationally accepted "official used car guide".
Be it enacted by the Legislature of West Virginia:
That §33-6-33 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 6. THE INSURANCE POLICY.
§33-6-33. Value of motor vehicle involved in claim.
Insurance companies doing business in this state shall use the most recent version of
NOTE: The purpose of this bill is to require the use of the most recent version of a nationally accepted "official used car guide" for setting the value of a motor vehicle in a claim. The bill also requires the Insurance Commissioner to identify and make available to the public the most recent nationally accepted "official used car guide".
Strike-throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.