Source: http://www.dfr.vermont.gov/insurance/rates-forms/pc-personal-auto
Timestamp: 2017-02-25 18:30:43
Document Index: 174451199

Matched Legal Cases: ['§4203', '§4223', '§800', '§800', '§941', '§800', '§4203', '§4671', '§4724']

P&C Personal Auto | Department of Financial Regulation Skip to main content
Home |P&C Personal Auto .
P&C Personal Auto
Must meet standards of original parts
Limit of liability may be waived Title 8, §4203
Title 8, §4223-5
Title 23, §800
Named Driver may be limited to statutory limits
When a policy is certified as proof of insurance we do not allow a requirement for reimbursing by the Insured for any payment made by the company. Fraud
We do not allow any intra-insured or intra-family exclusions regarding motor vehicle liability.
Pollution may not be excluded in any personal lines policies.
Exclusions for "racing" or "contests" can only apply to "organized" events of this type. Readability
Flesh score minimum is 40, not less than 10 point type, one point leaded. Uninsured/underinsured Motorists
UM/UIM is mandatory on all policies providing automobile coverage.
Title 23, §800 and §941
Minimum limits for UM/UIM are $50,000 per person, $100,000 per accident, $10,000 per claim property damage. Auto Minimum Coverage Limits
Statutory: $25,000 per person,
Title 23, §800 RATING
Filing must be received within 15 days of effective date. Rate filing must include verifying material and actuarial backup. Discounts
Insured must be advised of all available discounts
Regulaiton 78-1
Notice must read: "NOTICE OF AVAILABILITY OF DISCOUNTS." Discounts for Automatic Braking System, Multi Car, etc. Rating Plan Requirements
Open Rating applies.
Title 8 VSA:§4203(5)(6)§4671- 4675
§4724(7) Bulletin 55
Requirements of various premium tiers must be revealed, and must be mutually exclusive.
Must be defined in filing, with actuarial backup for each.