California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4.7 - Private Passenger Automobile Rating Factors
Article 2 - Definitions
Section 2632.3 - Class Plan
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
The term "class plan" means the following:
(a) the schedule of rating factors and discounts, and their order and manner of analysis as required by Section 2632.7, in the development of rates and premiums charged for a policy of automobile insurance.
(b) in accordance with Section 2632.2, the analysis or consideration of types or limits of coverage or deductibles, make, model, value, cost of repair, and auto symbols of the insured vehicles.
1. Certificate of Compliance as to 3-17-94 order including repealer and new section transmitted to OAL 7-12-94 and filed 8-23-94; operative 9-22-94 (Register 94, No. 34). For prior history, see Register 94, No. 11.
Note: Authority cited: Sections 1861.02, 12921 and 12926, Insurance Code. Reference: Sections 1861.02 and 1861.05, Insurance Code.