The purposes of this chapter are to require that rate filings for specified classes of personal lines property insurance set forth separate rates for hurricane coverage, all other wind/hail coverage, and all other perils; that such rates be actuarially supported and filed and approved before use; and that the separate premiums for hurricane coverage, all other wind/hail coverage, and all other perils coverage be prominently displayed on a document in a manner approved by the department.

Statutory Authority: Code of Ala. 1975, §§27-2-17, 27-13-1 et seq., 27-14-8 through 27-14-11.

History: New Rule: September 23, 2013; effective October 3, 2013. Filed with LRS September 23, 2013. Rule is not subject to the Alabama Administrative Procedure Act.