O.C.G.A. § 33-34-8 (2019)
Rules and regulations
The Commissioner shall provide by rule or regulation procedures for the expeditious and efficient settlement of first-party property damage claims under personal private passenger motor vehicle policies. Such procedures may include, but shall not be limited to:
(1) Loss of use reimbursements;
(2) Cost of repairs;
(3) Determination of fair market value on total losses;
(4) Use of aftermarket parts;
(5) Time limitations for payments of claims for property damage by insureds; and
(6) Establishment of a panel for arbitration of disputed property damage claims where such claims involve total losses.
History
Code 1981, § 33-34-8, enacted by Ga. L. 1991, p. 1608, § 1.12.
Annotations
JUDICIAL DECISIONS Conditional payment of benefit. - Insurance company’s conditional payment of Georgia’s basic no-fault benefits in an effort to settle litigation did not constitute an admission that Georgia no-fault insur-
ance provisions applied, or an admission of liability or bad faith. Johnson v. Occidental Fire & Cas. Co., 954 F.2d 1581 (11th Cir. 1992).