3 Alaska Admin. Code § 29.385

Current through December 21, 2024

Section 3 AAC 29.385 - Content of notice

A written notice informing a potentially eligible applicant or insured of the rate reduction available under AS 21.96.025 must include

(1) a statement that, to be eligible for a discount, the principal operator of the motor vehicle covered by the insurance policy must

(A) be 55 years of age or older;

(B) request the insurer to provide the discount at renewal;

(C) have had no chargeable accidents as set by the established underwriting guidelines in use by the insurer;

(D) have had no moving motor vehicle citations within three years preceding the request for the discount;

(E) have successfully completed a motor vehicle accident prevention course approved by the Department of Public Safety within three years preceding the request for the discount; a course taken and completed as a result of an order or sentence imposed by a court may not satisfy this requirement; and

(F) provide to the insurer documentation issued by the sponsor of the motor vehicle accident prevention course that states the date that the course was taken and successfully completed;

(2) the circumstances under which the insurer's rating rules permit the insurer to cancel the discount if the principal operator of the motor vehicle is

(A) involved in an accident caused by the operator; or

(B) convicted of a moving vehicle violation;

(3) a statement that the discount may not extend beyond three years after the last day of the operator's most recently successfully completed motor vehicle accident prevention course; and

(4) the insurer's premium discount calculation.

3 AAC 29.385

Eff. 11/13/97, Register 144

In 2010 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 21.89.025 as AS 21.96.025. As of Register 196 (January 2011), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to 3 AAC 29.385, so that the cross-reference to former AS 21.89.025 now refers to the renumbered statute, AS 21.96.025. In addition, the regulations attorney made a conforming technical revision to the authority citation that follows 3 AAC 29.385, so that the citation to former AS 21.89.025 now refers to the renumbered statute, AS 21.96.025.

Authority:AS 21.06.090

AS 21.96.025