Indiana § 27-1-22-20 High risk auto insurance; apportionment agreements; rate
modifications

Indiana Statutes

§ 27-1-22-20 — High risk auto insurance; apportionment agreements; rate modifications

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 22 Regulation of Insurance Rates

Agreements may be made among insurers with respect to the equitable apportionment among them of:

(1)automobile;

(2)bodily injury liability; and

(3)property damage; insurance which may be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods. The insurers may agree among themselves on the use of reasonable rate modifications for the insurance, and the agreements and rate modifications are subject to the terms of this chapter. Formerly: Acts 1967, c.133, s.20. As amended by P.L.252-1985, SEC.121; P.L.59-2022, SEC.1.

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Agreements may be made among insurers
with respect to the equitable apportionment among them of:
(1) automobile;
(2) bodily injury liability; and
(3) property damage;
insurance which may be afforded applicants who are in good faith
entitled to but who are unable to procure such insurance through
ordinary methods. The insurers may agree among themselves on the
use of reasonable rate modifications for the insurance, and the
agreements and rate modifications are subject to the terms of this
chapter.
Formerly: Acts 1967, c.133, s.20. As amended by P.L.252-1985,
SEC.121; P.L.59-2022, SEC.1.

Indiana § 27-1-22-20 (High risk auto insurance; apportionment agreements; rate modifications) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.