§ 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.
History
This law was first created in 1977. The record of its establishment is cataloged in chapter 188 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1977 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1979, chapter 4; in 1986, chapter 562.
1977, c. 188, § 38.1-381.7; 1979, c. 4; 1986, c. 562.