Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 500 - Property and Casualty
Chapter 2 - Automobile Insurance
Section 20 CSR 500-2.100 - Minimum Standards for Automobile Policies
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This regulation requires the filing of private passenger automobile insurance policies used in this state and specifies the minimum standards to be found in them. The contents of renewal certificates are specified and limitations placed on the use of restrictive endorsements. This regulation was adopted pursuant to the provisions of section 374.045, RSMo (1986) and implements sections 374.040, 375.936, 379.110-379.120, 379.203, 379.470, 379.475 and 379.480, RSMo (1986).
(1) Documents to be Filed with the Director of Insurance. All insurance companies authorized to write private passenger automobile insurance in Missouri shall file with the director of insurance duplicate copies of all automobile insurance policies, endorsements and renewals or other extension of coverage certificates which the company uses in Missouri.
(2) Minimum Automobile Policy Standards.
(3) Contents of Renewal Certificates. Any billing, renewal certificate or other document designed to afford an extension of coverage of the originally issued policy must state-the original policy number; the name of the insured; the term and coverage afforded; and that if, subsequent to the issuance of the policy, the coverage provided is extended or broadened without an additional charge, this coverage shall inure to the benefit of the insured under the policy from the effective date of that revision. This provision shall not be required if a liberalization clause is contained in the underlying policy.
(4) Restrictive Endorsements.
(5) Effective Date. The provisions of this regulation shall become effective on April 15, 1975. All policy forms subject to this regulation shall be deemed to comply with the provisions on that date. Existing policy forms shall be amended by endorsement or replaced by a complying policy on their next renewal date not later than July 1, 1975, unless the director shall grant a specific extension of time for compliance.
*Original authority: 374.040, RSMo 1939, amended 1967; 374.045, RSMo 1967; 375.936, RSMo 1959, amended 1967, 1969, 1971, 1976, 1978; 379.110-379.120, see Revised Statutes of Missouri; 379.203, RSMo 1967, amended 1971, 1972; 379.470, RSMo 1947; 379.475, RSMo 1947; and 379.480, RSMo 1947.