N.H. Admin. Code § Saf-C 208.06

Current through Register No. 45, November 7, 2024
Section Saf-C 208.06 - Computation of Security Requirement Amount
(a) In the event that security is deemed to be required, pursuant to Saf-C 208.05(b), the amount of such security shall reflect a reasonable prediction of the extent of personal injury and property damage costs.
(b) The following criteria shall be considered in determining the predicted cost from personal injury:
(1) The description of the injury;
(2) The probable length of recovery time;
(3) The age of the injured party;
(4) All medical, dental, and hospital costs;
(5) The prospects of disability; and
(6) The severity of property damage in relation to the described injury.
(c) Notwithstanding (b)(1) through (b)(6), the dollar amount shall not exceed the provisions specified in RSA 264:20.
(d) Information for making a determination pursuant to (a) above, shall be obtained from:
(1) Medical or dental reports;
(2) Schedules for approximate costs of injuries and physical disabilities; and
(3) Schedules from health and accident insurance companies.
(e) The amount of security required due to property damage shall be on the basis of one or more of the following:
(1) Repair estimates, one or more;
(2) Current new or used car guides; and
(3) Initial or supplemental estimates from a repair facility or automotive body shop as obtained and submitted from the involved parties;
(f) Notwithstanding (d)(1) through (d)(4), the dollar amount shall not exceed the provision specified in RSA 264:20.

N.H. Admin. Code § Saf-C 208.06

#2250, eff 12-31-82; ss by #2946-a, eff 1-3-85; ss by #4451, eff 6-24-88; ss by #4844, eff 6-20-90; amd by #6068, eff 7-28-95; amd by #6249, INTERIM, eff 6-16-96, EXPIRES: 10-14-96; ss and moved by #6337, eff 9-25-96 (from Saf-C 207.06 ); ss by #8174, INTERIM, eff 9-25-04, EXPIRES: 3-24-05; ss by #8230-B, eff 12-17-04

Amended by Volume XXXIII Number 37, Filed September 12, 2013, Proposed by #10395-B, Effective 8/15/2013, Expires 8/15/2023.