Current through Register Vol. 48, No. 51, June 17, 2024
Part 2770.1500 - HIGHLIGHTED PROVISIONS All surcharge plans containing one or more of the following provisions, must have the provisions highlighted in bold print or contrasting color print on the surcharge disclosure statement:
A. surcharges that are based on estimated damage instead of the payment made by the insurer after physical damage deductibles are applied;B. surcharges that are applied to a vehicle other than the one involved in an accident;C. surcharges that apply to chargeable traffic violations other than major chargeable traffic violations;D. surcharge plans that involve both the loss of a discount and the application of a surcharge for the same chargeable accident or chargeable traffic violation; andE. surcharges that are not the same for all classes (for example, youthful operator classes surcharged more than adult operator classes).Statutory Authority: MS s 65B.133