Code of Virginia - Title 38.2 Insurance - Section 38.2-2214 Statement defining rate classifications to be provided by insurer to insured

§ 38.2-2214. Statement defining rate classifications to be provided by insurer to insured

Any insurer issuing motor vehicle insurance policies as defined in § 38.2-2212, including those policies assigned to any insurer by the Virginia Automobile Insurance Plan, shall provide the named insured with a statement defining his rate classifications. This statement shall be provided at the time of issuance or at the time of renewal if there has been a change in the named insured's rate classification. The statement shall not be considered a part of the policy and shall not be deemed a warranty or representation by the insurer to the insured.

The Commission shall approve the form of the statement prior to its use.

(1977, c. 188, § 38.1-381.7; 1979, c. 4; 1986, c. 562.)

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Last modified: April 16, 2009