§ 20-259.02 – Coverage to include car pool operators and car pool vehicles; definitions
20-259.02. Coverage to include car pool operators and car pool vehicles; definitions A. A policy of private passenger vehicle insurance shall not be delivered or issued for delivery in this state unless coverage is provided for the protection of any person insured under such policy while such person is acting as a car pool operator, […]
§ 20-259.03 – Uninsured and underinsured motorist coverages; insured; wrongful death recovery
20-259.03. Uninsured and underinsured motorist coverages; insured; wrongful death recovery Notwithstanding any other law, in the case of the death of an insured who is covered under the uninsured and underinsured motorist coverages of a motor vehicle liability policy, recovery for wrongful death is limited to any party who is qualified to bring a wrongful […]
§ 20-260 – Limit of risk
20-260. Limit of risk A. No insurer shall retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding ten per cent of its surplus to policyholders, except that a domestic mutual insurer holding a certificate of authority may retain up to […]
§ 20-261 – Authorized reinsurance
20-261. Authorized reinsurance A. An insurer shall reinsure its risks, or any part of its risks, only in solvent insurers having surplus to policyholders not less in amount than the minimum required capital stock required under this title of a domestic stock insurer, other than a limited stock insurer or a domestic life and disability […]
§ 20-262 – Motor vehicle insurance policy; reduction of rate for older person completing accident prevention course; course requirements
20-262. Motor vehicle insurance policy; reduction of rate for older person completing accident prevention course; course requirements A. An insurer issuing motor vehicle liability insurance policies in this state may provide additional reductions in rates for motor vehicle personal injury and property damage coverage to an insured who: 1. Is at least fifty-five years of […]
§ 20-263 – Vehicle insurance; prohibited act by insurer; hearing; penalty
20-263. Vehicle insurance; prohibited act by insurer; hearing; penalty A. No insurer shall increase the motor vehicle insurance premium of an insured as a result of an accident not caused or significantly contributed to by the actions of the insured. Any insurer which increases the premium as a result of accident involvement shall notify the […]
§ 20-264 – Automobile insurance; damaged safety equipment deductible optional; definition
20-264. Automobile insurance; damaged safety equipment deductible optional; definition A. Any insurer writing private passenger automobile insurance which includes comprehensive coverage for motor vehicle damage shall provide at the option of the insured complete coverage for the repair or replacement of all damaged safety equipment without regard to any deductible. B. As used in this […]
§ 20-265 – Motor vehicle insurance; premium and fee comparisons and complaint ratios
20-265. Motor vehicle insurance; premium and fee comparisons and complaint ratios The department of insurance and financial institutions shall compile comparisons of premiums and fees charged at policy inception and complaint ratios for motor vehicle insurance policies that insure six or fewer motor vehicles. The comparisons shall reflect premiums and fees associated with the inception […]
§ 20-266 – Minimum liability policy; availability
20-266. Minimum liability policy; availability An insurer writing or an insurance producer soliciting applications for motor vehicle liability policies that insure six or fewer motor vehicles shall make available a policy for the mandatory minimum motor vehicle liability limits as prescribed in section 28-4009 if requested by a named insured or an applicant who meets […]
§ 20-267 – Motor vehicle liability policies; monthly basis; fee
20-267. Motor vehicle liability policies; monthly basis; fee A. An insurer writing or an insurance producer soliciting applications for motor vehicle liability policies shall make available a monthly premium payment plan on policies that insure six or fewer motor vehicles. B. At the inception of a monthly premium payment plan, an insurer may not require […]