Experience of Comprehensive, Uninsured Motorists, Fire, Theft and C.A.C.

PURPOSE: This regulation specifies one form of unfair discrimination in modification of rates for comprehensive, uninsured motorists, fire, theft and combined additional coverages auto coverage. This regulation was adopted pursuant to the provisions of section 374.045, RSMo and implements section 379.470, RSMo. (1) Rate Modification Prohibited. Any rating plan or rating system which modifies the insured’s automobile insurance premium charged for uninsured motorist coverage, comprehensive coverage or fire, theft and combined additional coverages (C.A.C.) or any combination based upon any insured’s driving record of violations or accidents shall be considered unfairly discriminatory within the meaning of section 379.470, RSMo. (2) Scope and Application. This regulation shall not be construed so as to apply to rating programs involving insurance upon fleets of vehicles. (3) Effective Date. All existing rating plans or rating systems affected by this regulation must be amended to comply not later than July 1, 1976. No new rating plans or rating systems may provide for rate modification so defined and prohibited. AUTHORITY: sections 374.045 and 379.470, RSMo 1986.* This rule was previously filed as 4 CSR 190-16.090. Original rule filed Dec. 23, 1975, effective Jan. 2, 1976. Amended: Filed April 13, 1978, effective Aug. 11, 1978. *Original authority: 374.045, RSMo 1967, amended 1993, 1995 and 379.470, RSMo 1947.