New Mexico § 59A-32-15 Conditions for maintaining the discount

New Mexico Statutes

§ 59A-32-15 — Conditions for maintaining the discount

New Mexico § 59A-32-15

Ch. 59AInsurance Code

Art. 32Motor Vehicle Insurance

This text of New Mexico § 59A-32-15 (Conditions for maintaining the discount) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 59A-32-15 (2026).

Text

The premium reduction required by this section shall be effective for an insured for a three-year period after successful completion of the approved course, except that the insurer may require, as a condition of maintaining the discount, that the insured: A. not be involved in an accident for which the insured is at fault; and B. not be convicted or plead guilty or nolo contendere to a moving traffic violation.

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The premium reduction required by this section shall be effective for an insured for a three-year period after successful completion of the approved course, except that the insurer may require, as a condition of maintaining the discount, that the insured: A. not be involved in an accident for which the insured is at fault; and B. not be convicted or plead guilty or nolo contendere to a moving traffic violation.