58-36-80. Coverage for damage to rental vehicles authorized.
As used in this section, "property damage" means damage or loss to a rented vehicle in excess of two hundred fifty dollars ($250.00), including loss of use and any costs or expenses incident to the damage or loss, for which the renter is legally obligated to pay; and "rented" means rented on a daily rate basis for a period of 21 consecutive days or less. The Bureau is authorized to promulgate rates and policy forms for insurance against property damage to rented private passenger motor vehicles. Such coverage may be offered at the option of the individual member companies of the Bureau. (1989, c. 631, s. 1; 1989 (Reg. Sess., 1990), c. 1021, s. 10.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 36 - North Carolina Rate Bureau.
§ 58-36-1 - North Carolina Rate Bureau created.
§ 58-36-2 - Private passenger motor vehicles; number of nonfleet policies.
§ 58-36-10 - Method of rate making; factors considered.
§ 58-36-15 - Filing loss costs, rates, plans with Commissioner; public inspection of filings.
§ 58-36-17 - Bureau to share information with the North Carolina Industrial Commission.
§ 58-36-20 - Disapproval; hearing, order; adjustment of premium, review of filing.
§ 58-36-25 - Appeal of Commissioner's order.
§ 58-36-35 - Appeal to Commissioner from decision of Bureau.
§ 58-36-40 - Existing rates, rating systems, territories, classifications and policy forms.
§ 58-36-45 - Notice of coverage or rate change.
§ 58-36-60 - Payment of dividends not prohibited or regulated; plan for payment into rating system.
§ 58-36-70 - Rate filings and hearings for motor vehicle insurance.
§ 58-36-80 - Coverage for damage to rental vehicles authorized.
§ 58-36-85 - Termination of a nonfleet private passenger motor vehicle insurance policy.
§ 58-36-87 - Affiliate transfer of policies.
§ 58-36-95 - Use of nonoriginal crash repair parts.
§ 58-36-105 - Certain workers' compensation insurance policy cancellations prohibited.