New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 8 - INSURANCE POLICIES AND RATES
Part 5 - RATE MODIFICATION PLANS
Section 13.8.5.9 - CONSENT TO RATE
Universal Citation: 13 NM Admin Code 13.8.5.9
Current through Register Vol. 35, No. 18, September 24, 2024
A. Upon written application of an insured stating the reasons therefor, filed with the superintendent on a form to be prescribed by the superintendent, and upon approval of the application by the superintendent, an insurer may charge a rate in excess of that otherwise applicable to a specific risk.
B. The insurer shall pay the filing fees specified in Section 59A-6-1 NMSA 1978.
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