Bill > H0769

This bill establishes new provisions for automobile insurance policies in Idaho, requiring that every policy include a clause for appraisals by competent and disinterested appraisers when a policyholder and their insurer disagree on the value of a loss, including repair costs or total loss amounts, or on a settlement offer for a third-party liability claim. If the initial appraisers cannot reach an agreement, either party can initiate a dispute resolution process involving a mutually selected, competent, and disinterested umpire who will review documentation from both sides and issue a binding award that determines the actual cash value or amount of loss. The bill also specifies timelines for these appraisal and dispute resolution processes, states that an insurer's failure to comply will be a violation of existing insurance law, and grants the department of insurance the authority to create rules for implementing these new procedures, with the act taking effect on July 1, 2026, due to an declared emergency.

Business and Industry

Ways and Means Committee (House)

https://legislature.idaho.gov/sessioninfo/2026/legislation/H0769/