Kentucky Statutes 304.12-270 – Prohibited actions in connection with rental reimbursement coverage under automobile insurance policy
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In connection with rental reimbursement coverage under an automobile insurance policy, an insurer, an employee or representative of an insurer, an agent of an insurer, a consultant, or an insurance adjuster shall not:
(1) Solicit or accept a referral fee or gratuity in exchange for referring an insured or claimant to a rental vehicle agency;
(2) State or suggest, either orally or in writing, to an insured or claimant that a specific rental vehicle agency must be used to be covered under the policy; or
(3) In any way restrict the insured’s or claimant’s right to choose a rental vehicle agency.
Effective: July 15, 2002
History: Created 2002 Ky. Acts ch. 351, sec. 14, effective July 15, 2002.
(1) Solicit or accept a referral fee or gratuity in exchange for referring an insured or claimant to a rental vehicle agency;
Terms Used In Kentucky Statutes 304.12-270
- agent: includes managing general agent unless the context requires otherwise. See Kentucky Statutes 304.9-085
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(2) State or suggest, either orally or in writing, to an insured or claimant that a specific rental vehicle agency must be used to be covered under the policy; or
(3) In any way restrict the insured’s or claimant’s right to choose a rental vehicle agency.
Effective: July 15, 2002
History: Created 2002 Ky. Acts ch. 351, sec. 14, effective July 15, 2002.