South Carolina Statutes
§ 38-73-480 — Rate for group automobile insurance.
South Carolina § 38-73-480
JurisdictionSouth Carolina
Title 38INSURANCE
Ch. 73PROPERTY, CASUALTY, INLAND MARINE, AND SURETY RATES AND RATE-MAKING ORGANIZATIONS
This text of South Carolina § 38-73-480 (Rate for group automobile insurance.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 38-73-480 (2026).
Text
An automobile insurance contract sold on the basis of a group plan or contract pursuant to Section 38-77-130 shall have a rate not less than five percent less than the individual rate for which the insurer markets a substantially similar policy.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-37-350 [1962 Code SECTION 37-591.15; 1974 (58) 2718] recodified as SECTION 38-73-480 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783.
Nearby Sections
15
§ 38-73-10
Declaration of purpose; construction.§ 38-73-1020
Disapproval after applicable review period.§ 38-73-1085
Factors affecting premium rates.§ 38-73-1090
Determination of discrimination and removal.§ 38-73-1097
Applicability of certain provisions.§ 38-73-110
Suspension of license.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-73-480, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/73/38-73-480.