2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 516B - AUTOMOBILE LIABILITY POLICIES
516B.3 - MINOR TRAFFIC VIOLATIONS NOT CONSIDERED IN ESTABLISHING RATES.

        516B.3  MINOR TRAFFIC VIOLATIONS NOT CONSIDERED IN
      ESTABLISHING RATES.
         1.  The commissioner shall require that insurance companies
      transacting business in this state not consider speeding violations
      occurring on or after July 1, 1986, but before May 12, 1987, which
      are for speeding violations for ten miles per hour or less over the
      legal speed limit in speed zones that have a legal speed limit
      greater than thirty-five miles per hour or speeding violations
      occurring on or after May 12, 1987, which are for speeding violations
      for ten miles per hour or less over the legal speed limit in speed
      zones that have a legal speed limit equal to or greater than
      thirty-five miles per hour but not greater than fifty-five miles per
      hour for the purpose of establishing rates for motor vehicle
      insurance charged by the insurer and shall require that insurance
      companies not cancel or refuse to renew any such policy for such
      violations.  In any twelve-month period, this section applies only to
      the first two such violations which occur.
         2.  If the rate for motor vehicle insurance is based on an
      operating record of a period longer than twelve months in length, the
      twelve-month periods under subsection 1 shall not overlap.  
         Section History: Recent Form
         87 Acts, ch 120, § 8; 88 Acts, ch 1158, § 78; 88 Acts, ch 1214, §3

         Referred to in § 507B.4

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