S.C. Code § 38-73-1425

Current through 2024 Act No. 225.
Section 38-73-1425 - Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility

The final rate or premium charge for a private passenger automobile insurance risk ceded to the facility which does not qualify for the safe driver discount in Section 38-73-760(e) is the final rate or premium charge required by Section 38-73-1420 or the final rate or premium charge approved for use by the insurer, whichever is greater.

S.C. Code § 38-73-1425

1993 Act No. 181, Section 783; 1991 Act No. 113, Section 1.