§ 27-902. Motor vehicle insurance -- Effect of age or physical handicap or disability

Latest version.

   (a) Cancellation or nonrenewal of policy or contract. -- A policy or contract of motor vehicle insurance may not be canceled or nonrenewed solely because of:

   (1) the age of the holder of the policy or contract; or

   (2) the physical handicap or disability of the holder of the policy or contract.

(b) Increase in premium. -- The premium for a policy or contract of motor vehicle insurance may not be increased solely because:

   (1) an insured under the policy or contract is older than 65 years of age; or

   (2) the holder of the policy or contract has a physical handicap or disability, unless there is actuarial justification for the increase.

HISTORY: An. Code 1957, art. 48A, § 240F, 240F-1; 1997, ch. 35, § 2.

                    
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