§ 27-1-22-26.1 — Motor vehicle insurance; rating plan for active and reserve members of armed forces; violation

Indiana § 27-1-22-26.1

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 22: Regulation of Insurance Rates

Text

1. (a) As used in this section, "armed
forces" means the active and reserve components of the following:
(1) The United States Army.
(2) The United States Navy.
(3) The United States Air Force.
(4) The United States Marine Corps.
(5) The United States Space Force.
(6) The United States Coast Guard.
(7) The Indiana National Guard.
(b) As used in this section, "motor vehicle insurance" means any
type of insurance described in IC 27-1-5-1, Class 2(f).
(c) As used in this chapter, "rating plan" means the rating schedule
or rating plan of an insurer:
(1) concerning premium rates for motor vehicle insurance;
(2) that has been filed with the commissioner; and
(3) that is in effect under section 4 of this chapter.
(d) An insurer that issues or renews a policy of motor vehicle
insurance may not set the premium rate for a policy of motor vehicle
insurance that covers an individual who is serving in one (1) of the
armed forces at an amount higher than the applicable rate set forth in
the rating plan for a policy of motor vehicle insurance that covers an
individual who is not serving in one (1) of the armed forces.
(e) A violation of this section is an unfair and deceptive act or
practice in the business of insurance under IC 27-4-1-4.

Legislative History

As added by P.L.39-2005, SEC.1. Amended by P.L.238-2025, SEC.81.