| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 3141 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 5858 | |
| 6 | 6 | January Session, 2019 | |
| 7 | 7 | LCO No. 3141 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on INSURANCE AND REAL ESTATE | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | REP. GUCKER, 138th Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT CONCERNING THE VALUATION OF CLASSIC MOTOR | |
| 19 | 19 | VEHICLES FOLLOWING CONSTRUCTIVE TOTAL LOSSES. | |
| 20 | 20 | Be it enacted by the Senate and House of Representatives in General | |
| 21 | 21 | Assembly convened: | |
| 22 | 22 | ||
| 23 | 23 | That section 38a-353 of the general statutes be amended to provide 1 | |
| 24 | 24 | that whenever a property and casualty insurer declares a damaged 2 | |
| 25 | 25 | classic motor vehicle that is covered under an automobile insurance 3 | |
| 26 | 26 | policy to be a constructive total loss, the insurer shall, in calculating the 4 | |
| 27 | 27 | value of such vehicle for the purpose of determining the settlement 5 | |
| 28 | 28 | amount to be paid to a claimant, not use any retail value given to such 6 | |
| 29 | 29 | vehicle in an online auction. 7 | |
| 30 | 30 | Statement of Purpose: | |
| 31 | 31 | To provide that no property and casualty insurer that declares a | |
| 32 | 32 | damaged classic motor vehicle that is covered under an automobile | |
| 33 | 33 | insurance policy to be a constructive total loss shall, in calculating the | |
| 34 | 34 | value of such vehicle for the purpose of determining the settlement | |
| 35 | 35 | amount to be paid to a claimant, use any retail value given to such | |
| 36 | 36 | vehicle in an online auction. |