If Sen. Trent Lott has his way, there soon will be national legislation that requires information to be provided to consumers about vehicles that are declared total losses by insurance companies.

Lott, who represents Mississippi and is a member of the Senate Commerce, Science, and Transportation Committee, has introduced a bill called the Passenger Vehicle Loss Disclosure Act (S. 3707). If passed, the bill would require insurance companies to publicly disclose the vehicle identification number, the date a vehicle is declared total loss, the odometer reading on the date of the declaration of total loss, and a statement explaining why a vehicle was declared totaled. The U.S. Secretary of Transportation would regulate and require all insurers and self-insurers to disclose this information to the public.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.