627.06535 Electric vehicles; restrictions on imposing surcharges.—An insurer may not impose a surcharge on the premium for motor vehicle insurance written on an electric vehicle, as defined in s. 320.01, if the surcharge is based on a factor such as new technology, passenger payload, weight-to-horsepower ratio, or types of materials, including composite materials or aluminum, used to manufacture the vehicle, unless the office determines from actuarial data submitted to it that the surcharge is justified.
History.—s. 13, ch. 95-333; s. 1073, ch. 2003-261.
Section: Previous 627.06291 627.06292 627.0645 627.06501 627.0651 627.0652 627.0653 627.06535 627.0654 627.0655 627.066 627.0665 627.072 627.091 627.0915 NextLast modified: September 23, 2016