ABARI Legislation has Forced Auto Body Repair Costs to Increase More than Twice National Average

 Thursday, June 21, 2012

 Property Casualty Insurers

The trend lines for auto body repair costs in Rhode Island have skyrocketed since 2003 and if legislation (HB 7782 A) passed by the state Legislature is signed into law by Governor Lincoln Chafee, consumers may face the prospects of even higher costs, according to an analysis of the bill by the Property Casualty Insurers Association of America (PCI). Based on an analysis of the provisions in HB 7782A, had it passed in 2008 the result would have been a 26.5 percent increase in the vehicle damage insurance premium in 2009.
AutoLegislation & Regulation