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This entry was published on 2014-09-22
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SECTION 2330
No fault motor vehicle insurance rates; reflection of reduced exposure to loss
Insurance (ISC) CHAPTER 28, ARTICLE 23
§ 2330. No fault motor vehicle insurance rates; reflection of reduced
exposure to loss. Where the principal operator of a motor vehicle or
such operator's spouse is eligible for medicare benefits for items of
basic economic loss specified in paragraph one of subsection (a) of
section five thousand one hundred two of this chapter, or where the
insurer's obligation to pay first party benefits for loss of earnings
from work is reduced by virtue of the provisions of such subsection, the
premium attributable to coverage under the automobile insurance policy
for such items shall be appropriately modified to reflect the insurer's
reduced exposure to loss.