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Section 38a-352 - (Formerly Sec. 38-175s). Motor vehicle claims to be paid by check, electronic transfer or other immediately accessible means.

CT Gen Stat § 38a-352 (2019) (N/A)
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All claims paid by an insurer, a holding company of an insurer or a wholly owned subsidiary of an insurer for any loss to a motor vehicle or any claim for damages to a motor vehicle, shall be paid to the claimant by check, electronic transfer to the claimant or other means that provide the claimant immediate access to the funds.

(P.A. 79-141; P.A. 00-111; P.A. 10-5, S. 10.)

History: Sec. 38-175s transferred to Sec. 38a-352 in 1991; P.A. 00-111 added electronic transfer to claimant or other means that provide claimant immediate access to funds as permissible payment methods; P.A. 10-5 made technical changes, effective May 5, 2010.

See Sec. 14-151a re filing of police report as condition precedent to settling a motor vehicle theft claim.

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Section 38a-353 - (Formerly Sec. 38-175y). Calculation of settlement amount on totalled motor vehicle. Disclosures required.