Insurance companies writing insurance in connection with automobile finance accounts shall instruct their agents that each purchaser of automobiles or accessories insured under finance accounts shall be furnished with certificates of insurance, which certificates shall show the name of the insured, a proper description of the car or accessories, the coverage afforded by the insurance, and the premium charged. The statement of premium should be divided as to type of coverage.
Minn. R. agency 120, ch. 2770, AUTOMOBILE FINANCE ACCOUNTS, pt. 2770.0200
Statutory Authority: MS s 62B.12