Current through the 2023 Regular Session
Section 33-16-223 - Effective period of reduction(1) The premium reduction required by 33-16-222 is effective for an insured for a 3-year period after successful completion of the approved course. Each person shall take an approved course every 3 years in order to continue to be eligible for the reduction in premium required by 33-16-222.(2) An insurer may require, as a condition of maintaining the discount, any or all of the following: (a) that the insured not be involved in an accident in which the insured is at fault;(b) that the insured not be convicted of or plead guilty or nolo contendere to a moving traffic violation; or(c) that the insured not have forfeited bail or collateral for a moving traffic violation.Amended by Laws 2019, Ch. 111,Sec. 1, eff. 10/1/2019.En. Secs. 3, 6, Ch. 49, L. 1987; amd. Sec. 1201, Ch. 56, L. 2009.