33-16-223. Effective period of reduction.
125 words·~1 min read·
/mt/title-33/chapter-16/part-2/33-16-223·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
33-16-223 . Effective period of reduction.
(1)The premium reduction required by 33-16-222 is effective for an insured for a 3-year period after successful completion of the approved course. Each person shall take an approved course every 3 years in order to continue to be eligible for the reduction in premium required by 33-16-222 .
(2)An insurer may require, as a condition of maintaining the discount, any or all of the following:
(a)that the insured not be involved in an accident in which the insured is at fault;
(b)that the insured not be convicted of or plead guilty or nolo contendere to a moving traffic violation; or
(c)that the insured not have forfeited bail or collateral for a moving traffic violation.