20-265. Motor vehicle insurance; premium
comparisons and complaint ratios
The department of insurance shall compile premium comparisons and complaint ratios
for motor vehicle insurance policies that insure six or fewer motor vehicles. The
premium comparisons shall reflect premiums for not fewer than five hypothetical insureds
for urban areas and five hypothetical insureds for rural areas. The department of
insurance shall forward copies of the premium comparisons and complaint ratios to the
department of transportation. The director of the department of transportation in
consultation with the director of the department of insurance shall make the copies
available to the public. The department of insurance may include in the premium
comparison information consumer information that describes the nature of bodily injury
coverage, property damage coverage, collision coverage, comprehensive coverage, medical
payment coverage, uninsured motorist coverage and underinsured motorist coverage.
|