state_legiscan_drain · RI
Raises the percentage from eighty percent (80%) to eighty-five percent (85%) regarding declaring a vehicle a total loss.
February 27, 2026
Summary
If enacted, this bill would increase the threshold for declaring a vehicle a total loss from 80% to 85% of its pre-loss value, affecting auto insurers and consumers in Rhode Island. This would result in fewer vehicles being declared total losses, potentially reducing claim payouts and altering salvage processes.
AI-generated summary · Jun 28, 2026. Verify with your compliance counsel before acting.
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Source: https://status.rilegislature.gov/
Common questions
- What does "Raises the percentage from eighty percent (80%) to eighty-five percent (85%) regarding declaring a vehicle a total loss." cover?
- If enacted, this bill would increase the threshold for declaring a vehicle a total loss from 80% to 85% of its pre-loss value, affecting auto insurers and…
- When was it published?
- It was published on February 27, 2026.