Minnesota SF2209 modifies automobile insurance claims handling and settlement practices.

Minnesota SF2209 amends automobile insurance claims handling and settlement practices by adding new definitions and standards. It specifies that insurers must inform policyholders of their right to choose a repair shop and provide certain notifications. The bill also outlines unfair settlement practices, such as failing to offer a cash settlement for vehicle repair or unreasonably delaying inspections. Additionally, it establishes a private right of action for insureds, contractors, or repair facilities against insurers or adjusters for violations.

Minnesota SF2209 modifies automobile insurance claims handling and settlement practices.

Minnesota SF2209 amends automobile insurance claims handling and settlement practices by adding new definitions and standards. It specifies that insurers must inform policyholders of their right to choose a repair shop and provide certain notifications. The bill also outlines unfair settlement practices, such as failing to offer a cash settlement for vehicle repair or unreasonably delaying inspections. Additionally, it establishes a private right of action for insureds, contractors, or repair facilities against insurers or adjusters for violations.