Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 75.00 - Reporting The Theft Of A Motor Vehicle
Section 75.05 - Insurer's Responsibilities
Current through Register 1531, September 27, 2024
(1) Reporting Requirements. Insurers shall report all thefts and misappropriations of a motor vehicle or of its major component parts to the NICB within two working days from the receipt of sufficient information from the insured. If the insurer has not received any acknowledgment or communication from the NICB within ten working days following its submission of the total theft report to the NICB, the insurer shall immediately communicate with the NICB to determine the status of its report.
All total losses, however sustained, involving salvage, shall be reported to the NICB within five working days after the sale of salvage, or if the insured is permitted to retain salvage, within five working days after the date of loss payment.
(2) Deferred Claim Processing and Payment. Notwithstanding the provisions of 211 CMR 89.00, an insurer shall defer the processing and payment of a claim filed under comprehensive coverage in accordance with 211 CMR 75.05(2)(a) through (d):