Subject to the Commission's approval, a rate in excess of that provided by an applicable filing may be used for a specific risk upon the filing of (i) written application of the insurer stating its reasons for the increased rate and (ii) the written consent of the insured or prospective insured.
1973, c. 504, § 38.1-279.47; 1986, c. 562.
Structure Code of Virginia
Chapter 19 - Regulation of Rates Generally
§ 38.2-1900. Purposes of chapter
§ 38.2-1903.1. Exemptions of large commercial risks
§ 38.2-1905. Motor vehicle insurer not to charge points or increase premiums in certain instances
§ 38.2-1906. Filing and use of rates
§ 38.2-1906.1. Misquote of premium
§ 38.2-1907. Filings open to inspection
§ 38.2-1908. Rate making and delegation of filing obligation
§ 38.2-1909. Review of rates by Commission
§ 38.2-1910. Disapproval of rates
§ 38.2-1911. Special restrictions on individual insurers
§ 38.2-1912. Delayed effect of rates; certification of reinsurance with affiliated company
§ 38.2-1913. Operation and control of rate service organizations
§ 38.2-1914. Licensing of rate service organizations
§ 38.2-1915. Joint underwriting or joint reinsurance organizations
§ 38.2-1916. Certain conduct by insurers and rate service organizations prohibited
§ 38.2-1916.2. Penalties; injunctive relief; restitution
§ 38.2-1917. Injunctive relief
§ 38.2-1918. Agreements for equitable apportionment of insurance
§ 38.2-1919.1. Interchange of rating data and information
§ 38.2-1920. Excess rate for a specific risk
§ 38.2-1921. Combination policies
§ 38.2-1921.1. Professional employer organization workers' compensation rating
§ 38.2-1922. No rule prohibiting or regulating payment of dividends, etc., to be adopted
§ 38.2-1923. Person aggrieved by application of rating system to be heard; appeal to Commission
§ 38.2-1927. Withholding information; giving false or misleading information