Arizona Revised Statutes § 20-265 Motor Vehicle Insurance; Premium Comparisons And Complaint Ratios

20-265. Motor vehicle insurance; premium comparisons and complaint ratios

The department of insurance shall compile premium comparisons and complaint ratios for motor vehicle insurance policies that insure six or fewer motor vehicles. The premium comparisons shall reflect premiums for not fewer than five hypothetical insureds for urban areas and five hypothetical insureds for rural areas. The department of insurance shall forward copies of the premium comparisons and complaint ratios to the department of transportation. The director of the department of transportation in consultation with the director of the department of insurance shall make the copies available to the public. The department of insurance may include in the premium comparison information consumer information that describes the nature of bodily injury coverage, property damage coverage, collision coverage, comprehensive coverage, medical payment coverage, uninsured motorist coverage and underinsured motorist coverage.

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Last modified: October 13, 2016