§ 48.18.180. Stated premium must include all charges
(1) The premium stated in the policy shall be inclusive of all fees, charges, premiums, or other consideration charged for the insurance or for the procurement thereof.
(2) No insurer or its officer, employee, agent, solicitor, or other representative shall charge or receive any fee, compensation, or consideration for insurance which is not included in the premium specified in the policy.
(3) Each violation of this section is a gross misdemeanor.
(4) This section does not apply to:
(a) A fee paid to a *broker by an insured as provided in RCW 48.17.270; or
(b) A regulatory surcharge imposed by RCW 48.02.190.
[2007 c 153 § 2; 1994 c 203 § 2; 1947 c 79 § .18.18; Rem. Supp. 1947 §45.18.18 .]
Notes:
*Reviser's note: 2007 c 117 replaced the terms "agent" and "broker" with the term "producer," effective July 1, 2009.
RCW 48.18.180
(1) The premium stated in the policy shall be inclusive of all fees, charges, premiums, or other consideration charged for the insurance or for the procurement thereof.
(2) No insurer or its officer, employee, appointed insurance producer, or other representative shall charge or receive any fee, compensation, or consideration for insurance which is not included in the premium specified in the policy.
(3) Each violation of this section is a gross misdemeanor.
(4) This section does not apply to:
(a) A fee paid to an insurance producer by an insured as provided in RCW 48.17.270; or
(b) A regulatory surcharge imposed by RCW 48.02.190.
[2008 c 217 § 13; 2007 c 153 § 2; 1994 c 203 § 2; 1947 c 79 § .18.18; Rem. Supp. 1947 § 45.18.18.]
Notes:
Severability -- Effective date -- 2008 c 217: See notes following RCW 48.03.020.
Sections: Previous 48.18.120 48.18.125 48.18.130 48.18.140 48.18.150 48.18.160 48.18.170 48.18.180 48.18.190 48.18.200 48.18.210 48.18.220 48.18.230 48.18.240 48.18.250 Next
Last modified: April 7, 2009