TITLE 41

INSURANCE

CHAPTER 25

CASUALTY INSURANCE CONTRACTS

41-2516.  Optional suspension of automobile insurance coverage. (1) If a person enters into a contract with an insurer for coverage under an automobile insurance policy as defined in section 41-2506, Idaho Code, the insurer may allow the person to suspend policy coverages. The suspension period may begin at any time, at the person’s option. All requests for suspension of coverage shall be confirmed in writing by the insurer to the insured regardless of the method used by the insured to request suspension of coverage. The suspension of coverage shall not constitute a cancellation of the policy. For those coverages suspended, during the period of suspension, premiums shall not be charged to the person, and the insurer shall not be liable for any loss under such suspended coverages occurring during said suspension period. The period of suspension may be changed at any time upon written agreement by the parties. This shall not preclude the insurer’s right to reinspect the previously insured motor vehicle regarding its insurability.

(2)  Suspended premium may accrue on a pro rata basis as a credit for future premium.

(3)  If a person drives a motor vehicle within the state of Idaho while the liability coverage of the policy is suspended, he shall be subject to the penalties set out for the violation of the provisions of section 49-1428, Idaho Code.

(4)  The provisions of this section shall apply to a policy entered into or renewed after July 1, 1990.

History:

[41-2516, added 1990, ch. 57, sec. 1, p. 133; am. 1991, ch. 273, sec. 1, p. 710.]