D.C. Mun. Regs. tit. 26, r. 26-A216

Current through Register 71, No. 45, November 7, 2024

Rule 26-A216 - DISCLOSURE OF ASSIGNED RISK RATES

216.1

In every instance wherein a rate for automobile insurance in excess of the comparable District of Columbia Automobile Insurance Plan (D.C.A.I.P.) rate is quoted by an insurer or agent, the applicable D.C.A.I.P. rate shall be quoted. If an automobile policy is written at a rate in excess of the applicable D.C.A.I.P. rate, a written waiver of the D.C.A.I.P. rate shall be obtained from the insured before the effective date of the automobile policy.

216.2

Any insurer, policy-writing agent, soliciting agent, broker or salaried insurance company employee who violates any provision of this section shall be imprisoned for not more than ten (10) days, or fined not more than three hundred dollars ($300), or both, for each offense.

D.C. Mun. Regs. tit. 26, r. 26-A216