Rhode Island General Laws 31-47-18. Automobile liability insurance rates
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Any general or public law to the contrary notwithstanding, the commissioner shall, after consulting with all insurers licensed to write automobile liability insurance in this state, promulgate regulations which provide that automobile liability insurance rates shall take into account the past claim experience of the applicant for the insurance and incorporate the principles used in so called “merit rating” or “experience rating” rate plans which are now in effect in other states.
History of Section.
P.L. 1991, ch. 167, § 1; P.L. 2000, ch. 109, § 46.
Terms Used In Rhode Island General Laws 31-47-18
- Commissioner: means the insurance commissioner of this state. See Rhode Island General Laws 31-47-2
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
- State: when used in this chapter, unless the context clearly indicates otherwise, means any state, territory, or possession of the United States, the District of Columbia, or any province of the Dominion of Canada. See Rhode Island General Laws 31-47-2