Rhode Island Raises Total Loss Threshold

Rhode Island lawmakers are pushing a bill that could hike car insurance costs by raising the total loss threshold from 80% to 85% of a vehicle’s value, aiming to give owners more repair options—but insurers warn it could drive up premiums and hurt competition, as the governor weighs both sides amid the state’s already pricey insurance landscape. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7a5dafb359452954