§2910-B. Assessment of value of motor vehicle
If an insurer uses the value of a comparable motor vehicle to assess the value of a damaged motor vehicle, the comparable motor vehicle used by the insurer must be in Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island or New York and the value of that comparable motor vehicle must be its value in Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island or New York to the extent comparable vehicles are available in these states. An insurer may use a comparable motor vehicle in a state not specified in this section only after determining that comparable motor vehicles are not available in the states specified in this section. [PL 2021, c. 283, §1 (NEW).]
SECTION HISTORY
PL 2021, c. 283, §1 (NEW).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 39: CASUALTY INSURANCE CONTRACTS
Subchapter 1: GENERAL PROVISIONS
24-A §2901. Contracts subject to general provisions
24-A §2902. Uninsured vehicle coverage; insolvency of insurer
24-A §2902-A. Household exclusion (REPEALED)
24-A §2902-B. Motorcycle passenger exclusion
24-A §2902-C. Refusal to issue insurance prohibited
24-A §2902-D. Family exclusions prohibited
24-A §2902-E. Limitation on surcharge
24-A §2902-F. Volunteer drivers
24-A §2902-G. Discounted premiums for older drivers
24-A §2903. Liability absolute when loss occurs
24-A §2904. Judgment creditor may have insurance; exceptions
24-A §2907. Coverage for sales tax credit
24-A §2908. Cancellation and nonrenewal
24-A §2909. Insurance for dealers and transporters
24-A §2910. Loss information to be supplied