The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 8 V.S.A. § 4111)
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§ 4111. Claims
(a) All claims shall be promptly reported to the insurer or its designated claim representative
and the insurer shall maintain adequate claim files. All claims shall be settled
as soon as possible and in accordance with the terms of the insurance contract.
(b) All claims shall be paid either by draft drawn upon the insurer or by check of the
insurer to the order of the claimant to whom payment of the claim is due pursuant
to the policy provisions, or upon directions of such claimant to one specified.
(c) No plan or arrangement shall be used whereby any person, firm, or corporation other
than the insurer or its designated claim representative shall be authorized to settle
or adjust claims. The creditor shall not be designated as claim representative for
the insurer in adjusting claims; provided that a group policyholder may, by arrangement
with the group insurer, draw drafts or checks in payment of claims due to the group
policyholder subject to audit and review by the insurer. (Added 1959, No. 221, § 10.)