Minn. R. agency 120, ch. 2770, SURCHARGE PLANS AND DISCLOSURE, pt. 2770.1500

Current through Register Vol. 49, No. 24, December 9, 2024

Part 2770.1500 - HIGHLIGHTED PROVISIONS

All surcharge plans containing one or more of the following provisions, must have the provisions highlighted in bold print or contrasting color print on the surcharge disclosure statement:

A. surcharges that are based on estimated damage instead of the payment made by the insurer after physical damage deductibles are applied;

B. surcharges that are applied to a vehicle other than the one involved in an accident;

C. surcharges that apply to chargeable traffic violations other than major chargeable traffic violations;

D. surcharge plans that involve both the loss of a discount and the application of a surcharge for the same chargeable accident or chargeable traffic violation; and

E. surcharges that are not the same for all classes (for example, youthful operator classes surcharged more than adult operator classes).

Minn. R. agency 120, ch. 2770, SURCHARGE PLANS AND DISCLOSURE, pt. 2770.1500

Statutory Authority: MS s 65B.133