38.2-1920 - Excess rate for a specific risk. - Virginia Statutes

§ 38.2-1920. Excess rate for a specific risk.

Subject to the Commission's approval, a rate in excess of that provided by anapplicable filing may be used for a specific risk upon the filing of (i)written application of the insurer stating its reasons for the increased rateand (ii) the written consent of the insured or prospective insured.

(1973, c. 504, § 38.1-279.47; 1986, c. 562.)