20-265. Motor vehicle insurance; premium and fee comparisons and complaint ratios
The department of insurance shall compile comparisons of premium and fees charged at policy inception and complaint ratios for motor vehicle insurance policies that insure six or fewer motor vehicles. The comparisons shall reflect premiums and fees associated with the inception of a policy for not fewer than five hypothetical insureds for urban areas and five hypothetical insureds for rural areas. The department of insurance shall forward copies of the comparisons of premium and fees charged at policy inception and complaint ratios to the department of transportation. The director of the department of transportation in consultation with the director of the department of insurance shall make the copies available to the public. The department of insurance may include in the premium comparison information consumer information that describes the nature of bodily injury coverage, property damage coverage, collision coverage, comprehensive coverage, medical payment coverage, uninsured motorist coverage and underinsured motorist coverage.
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