The Commissioner shall provide by rule or regulation procedures for the expeditious and efficient settlement of first-party property damage claims under personal private passenger motor vehicle policies. Such procedures may include, but shall not be limited to:(1) Loss of use reimbursements;(2) Cost of repairs;(3) Determination of fair market value on total losses;(4) Use of aftermarket parts;(5) Time limitations for payments of claims for property damage by insureds; and(6) Establishment of a panel for arbitration of disputed property damage claims where such claims involve total losses.
Georgia Legal Code