The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 8 : Banking and Insurance
Chapter 127 : Automobile Insurance Surcharges
Subchapter 003 : AUTOMOBILE INSURANCE SURCHARGES
(Cite as: 8 V.S.A. § 4672)-
§ 4672. Accidents
A surcharge to a private passenger automobile policy may only be applied during the experience period for an accident in which the insurer makes a payment for:
(1) death;
(2) personal injury, where the net payment for any accident exceeds $900.00; or
(3) property damage, where the net payment for any accident exceeds $1,000.00. (Added 1975, No. 75; amended 1979, No. 28, § 4; 1993, No. 196 (Adj. Sess.), § 2, eff. Oct. 1, 1994.)