An act relating to minimum reimbursement rates for labor related to automobile insurance claims

This bill establishes minimum hourly reimbursement rates for auto repair labor in Vermont insurance claims. It requires the Commissioner of Financial Regulation to survey local repair rates, compare them to New England averages, and set a fair minimum rate that adjusts annually using the Consumer Price Index. The minimum rate applies to all auto insurance claims filed on or after January 1, 2026. Insurance companies may still negotiate higher rates based on specific factors like vehicle type, repair complexity, or location, but cannot refuse negotiation solely based on finding a cheaper repair shop nearby.