§ 11-216

Md. Code Ann., Ins. § 11-216

Use of territory in establishing automobile insurance rates

Effective Oct 1, 2006Added by Acts 2006, c. 410, § 1, eff. Oct. 1, 2006.State of Maryland

(1) the territories used by the insurer have been reviewed within the previous 3 years; and
(2) use of the territories is actuarially justified.

An insurer that uses territory as a factor in establishing automobile insurance rates shall submit a statement to the Commissioner certifying that:

Added by Acts 2006, c. 410, § 1, eff. Oct. 1, 2006.