Bill > LB112

This bill modifies Nebraska's motor vehicle statutes regarding salvage branded certificates of title by updating and expanding definitions related to vehicle damage and salvage status. The bill introduces new terms like "consumer care," "structurally totaled vehicle," and clarifies existing definitions such as "salvage" and "flood damaged." Specifically, the bill expands the definition of a salvage vehicle to include vehicles deemed structurally totaled by a consumer care facility and an insurance company, with a detailed explanation of what constitutes a structurally totaled vehicle (such as a kink or crease in a frame rail or structural component). The bill also modifies procedures for insurance companies when acquiring salvage vehicles, including how they obtain and transfer salvage branded titles, and provides additional provisions for situations where an owner elects to retain a salvage vehicle. These changes aim to provide more precise and comprehensive guidelines for categorizing and handling vehicles that have sustained significant damage, ensuring greater transparency and standardization in the vehicle title process.

Transportation and Infrastructure

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59143