516B.3 Minor traffic violations not considered in establishing rates. 1. The commissioner shall require that insurance companies transacting business in this state not consider speeding violations occurring on or after July 1, 1986, but before May 12,1987, which are for speeding violations for ten miles per hour or less over the legal speedlimit in speed zones that have a legal speed limit greater than thirty-five miles per hour orspeeding violations occurring on or after May 12, 1987, which are for speeding violations forten miles per hour or less over the legal speed limit in speed zones that have a legal speedlimit equal to or greater than thirty-five miles per hour but not greater than fifty-five miles perhour for the purpose of establishing rates for motor vehicle insurance charged by the insurerand shall require that insurance companies not cancel or refuse to renew any such policy forsuch violations. In any twelve-month period, this section applies only to the first two suchviolations which occur. 2. If the rate for motor vehicle insurance is based on an operating record of a period longer than twelve months in length, the twelve-month periods under subsection 1 shall not olations which occur. 2. If the rate for motor vehicle insurance is based on an operating record of a period longer than twelve months in length, the twelve-month periods under subsection 1 shall not overlap. 87 Acts, ch 120, §8; 88 Acts, ch 1158, §78; 88 Acts, ch 1214, §3Referred to in §507B.4 Sat Dec 23 00:50:05 2023 Iowa Code 2024, Section 516B.3 (14, 0)
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