Pennsylvania Statutes
§ 1716 — Payment of benefits
Pennsylvania·Title 75 VEHICLES·Part PART II·Ch. 17 FINANCIAL RESPONSIBILITY·Subch. MOTOR VEHICLE LIABILITY INSURANCE
Benefits are overdue if not paid within 30 days after the insurer receives reasonable proof of the amount of the benefits. If reasonable proof is not supplied as to all benefits, the portion supported by reasonable proof is overdue if not paid within 30 days after the proof is received by the insurer. Overdue benefits shall bear interest at the rate of 12% per annum from the date the benefits become due. In the event the insurer is found to have acted in an unreasonable manner in refusing to pay the benefits when due, the insurer shall pay, in addition to the benefits owed and the interest thereon, a reasonable attorney fee based upon actual time expended.
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Nearby Sections
15
§ 1701
Short title of chapter§ 1702
Definitions§ 1703
Application of chapter§ 1705
Election of tort options§ 1711
Required benefits§ 1712
Availability of benefits§ 1713
Source of benefits§ 1714
Ineligible claimants§ 1716
Payment of benefits§ 1717
Stacking of benefits§ 1718
Exclusion from benefits§ 1719
Coordination of benefits§ 1720
Subrogation