Sentences with phrase «acceptable accident prevention course»
Where there is a clearly defined principal operator for the specific commercial motor vehicle (s) insured, the premium reduction should be given for such vehicle (s) upon successful completion of an acceptable accident prevention course.
https://www.dfs.ny.gov/
Where an insured is entitled to a premium reduction because of successful completion of an acceptable accident prevention course, the insurer shall indicate - either through its rating information form, or on the declarations page, premium bill or other appropriate notice - that the premium reduction has in fact been applied.
If an acceptable accident prevention course is completed sometime during a policy period, when does the premium reduction begin?
If the principal operator of these vehicles successfully completes an acceptable accident prevention course, the vehicles would be eligible for an appropriate premium reduction from their liability base rate.
If the principal operator of a motor vehicle has successfully completed an acceptable accident prevention course, then the insurer of such motor vehicle shall, for a period of three years following completion of the course, reduce the liability premium of the insured by no less than 10 percent of the insurer's liability base rate in the rating territory applicable to such motor vehicle.
Not exact matches
Successful completion of the following courses is deemed acceptable, subject to the additional requirements set forth in the paragraph below, for a program of accident prevention / premium reduction: