Wyoming Administrative Code
Agency 044 - Insurance Dept
Sub-Agency 0002 - General Agency, Board or Commission Rules
Chapter 33 - UNFAIR TRADE PRACTICES REGULATION
Section 33-4 - Adjustment of Physical Damage Claims
Universal Citation: WY Code of Rules 33-4
Current through September 21, 2024
(a) This section applies to the adjustment of physical damage claims under all motor vehicle policies issued in the State of Wyoming including, but not limited to, private passenger automobiles, recreational vehicles, commercial vehicles, motorcycles, or any other risk insured as a motor vehicle or trailer.
(b) Insurers shall adjust personal property losses, be it first or third party claims, by utilizing one of the following options:
(i) Pay for the loss in its entirety
in money based on an appraisal of the damage sustained by insured's
vehicle;
(ii) Repair the damaged
property; or
(iii) Replace the
damaged property.
Disclaimer: These regulations may not be the most recent version. Wyoming may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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