(a) The purpose of this subchapter is to establish minimum language and format standards to make property and casualty insurance policies easier to read.
(b) This subchapter is not intended to increase the risk assumed under policies subject to it. Nor is it intended to impede flexibility and innovation in the development of policy forms or content. It does not grant authority to the Insurance Commissioner to mandate the standardization of policy forms or content.
Section: 23-80-302 23-80-303 23-80-304 23-80-305 23-80-306 23-80-307 23-80-308 NextLast modified: November 15, 2016