Section 33-34-8. Rules and regulations

   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.

Code 1981, § 33-34-8, enacted by Ga. L. 1991, p. 1608, § 1.12.