By statute, mandatory arbitration applies to all claims for no-fault benefits or comprehensive or collision damage coverage where the total amount of the claim, at the commencement of arbitration, is in an amount of $10,000.00 or less. In cases where the amount of the claim continues to accrue after the petition is filed, the arbitrator shall have jurisdiction to determine all amounts claimed including those in excess of $10,000.00. If the claimant waives a portion of the claim in order to come within the $10,000.00 jurisdictional limit, the claimant must specify within 30 days of filing the claims in excess of the $10,000.00 being waived. (Amended September 12, 1991; amended effective September 7, 1999; amended effective March 1, 2016.)
Chat with this court rule using AI
Ask CiteLaw's AI Navigator anything about this court rule, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.