Uninsured And Uim Coverage

01. Standard Statement Form. The form on the Department’s website is the standard statement per Section 41-2502(3), Idaho Code. Carriers are to provide the form with all new policies and renewals. Carriers may make non-substantive changes to this form, for example, inserting company letterhead. Carriers need to file their standard statement form with the Director prior to use. (4-6-23) 02. Offset Coverage. The carrier’s Declarations Page for “offset” UIM coverage is to indicate that the coverage decreases by any payments from another party’s coverage. (4-6-23) 03. Illusory Coverage. To avoid illusory coverage, insurers may offer “offset” UIM coverage at the state financial responsibility limits defined in Section 49-117(20), Idaho Code, only if coverage is provided at no ($0.00) premium. (4-6-23) 016. -- 999. (RESERVED)