Exams / Florida All Lines Adjuster License / Fla. Stat. §627.0653
Fla. Stat. §627.0653 — what it says, and how the exam tests it
This section is cited by 6 of our practice questions and is tested on the Florida All Lines Adjuster License.
The text
627.0653 Insurance discounts for specified motor vehicle equipment. — (1) Any rates, rating schedules, or rating manuals for the liability, personal injury protection, and collision coverages of a motor vehicle insurance policy filed with the office shall provide a premium discount if the insured vehicle is equipped with factory-installed, four-wheel antilock brakes. (2) Each insurer writing motor vehicle comprehensive coverage in this state shall include in its rating manual discount provisions for comprehensive coverage which specifically relate to an antitheft device or vehicle recovery system utilized in the insured vehicle which are factory installed or approved by the office. The commission shall adopt, by rule, procedures under which manufacturers, distributors, or sellers may apply to the office for approval of non-factory-installed devices under this subsection. The rules must include, at a minimum, the test results that must accompany the application and the standards for approval. (3) Any rates, rating schedules, or rating manuals for personal injury protection coverage and medical payments coverage, if offered, of a motor vehicle insurance policy filed with the office shall provide a premium discount if the insured vehicle is equipped with one or more air bags which are factory installed. (4) The removal of a discount or credit does not constitute the imposition of, or request for, additional premium or a surcharge if the basis for the discount or credit no longer exists or is substantially eliminated. (5) Each insurer writing motor vehicle comprehensive coverage in this state may provide a premium discount for this coverage if the insured vehicle has the complete manufacturer’s vehicle identification number permanently etched on the windshield and all windows of the vehicle. The etching must be by a tool or process that does not destroy the integrity of the glass or visibility for the operator of the motor vehicle. The identification numbers and letters must be at least 1 / 4 inch in height. A sticker may identify the presence of this identification system. The commission may, by rule, set forth appropriate guidelines to implement this subsection. (6) The Office of Insurance Regulation may approve a premium discount to any rates, rating schedules, or rating manuals for the liability, personal injury protection, and collision coverages of a…
Public record. Read the full, current section at the official source: www.leg.state.fl.us
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Florida law, a motor vehicle insurance policy must provide a premium discount for liability, personal injury protection, and collision coverages if the insured vehicle is equipped with which feature?
drill Motor Vehicle Physical Damage and Mechanical Breakdown Insurance → - Under Fla. Stat. §627.0653, an insurer writing motor vehicle comprehensive coverage may provide a premium discount when the insured vehicle has the manufacturer's vehicle identification number permanently etched on the windshield and all windows with characters at least what height?
drill Motor Vehicle Physical Damage and Mechanical Breakdown Insurance → - A Florida insured's vehicle has VIN numbers etched on the windshield and all windows. Under Fla. Stat. §627.0653, the identification numbers and letters must be at least what height?
drill Motor Vehicle Physical Damage and Mechanical Breakdown Insurance →