Idaho Administrative Code
Title IDAPA 18 - Insurance, Department of
Rule 18.02.02 - AUTOMOBILE INSURANCE POLICIES
Section 18.02.02.015 - UNINSURED AND UIM COVERAGE
Current through August 31, 2023
01. Standard Statement Form. The form on the Department's website is the standard statement per Section 41-2502(3), Idaho Code. Carriers are to provide the form with all new policies and renewals. Carriers may make non-substantive changes to this form, for example, inserting company letterhead. Carriers need to file their standard statement form with the Director prior to use (4-6-23)
02. Offset Coverage. The carrier's Declarations Page for "offset" UIM coverage is to indicate that the coverage decreases by any payments from another party's coverage. (4-6-23)
03. Illusory Coverage. To avoid illusory coverage, insurers may offer "offset" UIM coverage at the state financial responsibility limits defined in Section 49-117(20), Idaho Code, only if coverage is provided at no ($0.00) premium. (4-6-23)