South Carolina H4039 amends automobile insurance policies to include a resolution provision and sets a time limit for arbitration in disputes.
South Carolina H4039 amends the state's automobile insurance policies to include a provision for resolving disputes between insurers and insureds. It mandates that all new or renewed policies reference this resolution process. If the insurer and insured disagree on the amount of a property damage liability claim, either party can request arbitration within 90 days of filing a proof of loss.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.