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The Kentucky House of Representatives recently passed a bill that would exclude the cost of airbags from the calculation of damages that determine whether a vehicle meets the 75 percent damaged threshold to be classified as a salvage vehicle. It also would insert a provision into the current law that would require insurers to pay for airbag re-installation in accordance with the terms and conditions of individual policies. The bill would insert the following bold language into the current law describing the definition of a salvage vehicle:
It also would add this language to the law:
The bill has now moved to the Senate's transportation committee for review. It passed the House with a vote of 91-1; eight representatives did not cast their votes. CLICK
HERE for the full text of the bill as it passed the house. Need more info and analysis about the issues? |
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