NAC686B.520. Approval of rate different from filed rate.

     1. An insurance company which requires a rate different from the rate provided by a filing otherwise applicable to a specific risk may request the different rate by written application to the Commissioner for approval or disapproval.

     2. An application must:

     (a) Include one copy of the face of the policy.

     (b) Show a comparison of the filed rate to the requested rate.

     (c) Give a brief statement of steps which the insured can take to improve his or her insurability and qualify for a lower rate if the requested rate is in excess of the filed rate.

     (d) Provide a space for the insured or a representative to sign as evidence of consent to the requested rate.

     (e) Give any other information required by the Commissioner.

     [Comm’r of Insurance, PC-2, eff. 9-23-72]—(NAC A by R111-04, 5-24-2005)