™Your Policy Risk Impact Agent
63 chapters · 1,607 sections in this title.
S.C. Code Ann. § 38-73-425 Absence of credit information
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Absence of credit information may be used by an insurer for underwriting purposes only if the insurer presents information satisfactory to the director that the absence is related to the risk.
S.C. Code Ann. § 38-73-430 Making of rates
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Rates must be made in accordance with the following provisions: (1) Due consideration must be given to past and prospective loss experience within and outside this State, to catastrophe hazards, if any, to a reasonable margin for underwriting profit and contingencies, to dividend…
S.C. Code Ann. § 38-73-440 Certain factors may not be considered in determining automobile insurance rates
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In determining the premium rates to be charged on automobile insurance, it is unlawful to consider race, religion, national origin, or economic status.
S.C. Code Ann. § 38-73-470 Disposition of uninsured motorist premium
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Two dollars of the yearly premium for uninsured motorist coverage is directed to be paid to the South Carolina Department of Motor Vehicles to be allocated in the manner provided in Section 56-10-552 on a quarterly basis. Interest earned by the "Uninsured Fund" must be retained b…
