                                 CODE OF VIRGINIA

DISCLOSURE OF AGENT&#8217;S MORATORIUM REQUIRED (§ 38.2-613.1)

If a duly appointed agent of an insurer proposes to place a policy of motor
vehicle insurance as defined in § 38.2-2212 with another insurer or proposes to
submit an application to the Virginia Automobile Insurance Plan solely because
of a moratorium on such agent&#8217;s selling, soliciting, or negotiating new
motor vehicle insurance that would otherwise be acceptable to such insurer and
such placement or submission would result in the applicant&#8217;s being charged
a higher rate, the agent shall disclose to the applicant the existence of the
moratorium prior to such placement or submission.

HISTORY: 1991, c. 269; 2001, c. 706.