Utah Admin. Code R590-128-4 - Failure to Maintain Prior Owner's or Operator's Security

(1) If an applicant fails to maintain prior owner's or operator's security, an insurer may:

(a) refuse to insure or refuse to continue to insure;

(b) limit the amount, extent, or kinds of coverage available;

(c) surcharge the applicant; or

(d) designate an applicant as a non-standard, sub-standard, or otherwise worse than average risk to place an applicant in a specific insurer or rating tier.

(2) An insurer shall demonstrate with objective evidence, which may include an applicant's statement, that an applicant failed to maintain prior owner's or operator's security.

Notes

Utah Admin. Code R590-128-4

Adopted by Utah State Bulletin Number 2021-23, effective 11/22/2021