Wash. Admin. Code § 284-30A-030 - Definitions
When used in this chapter, these terms are defined as and have the following meaning:
(1) "Antique
vehicle" or "collector vehicle" means a vehicle that is a classic vehicle and
is at least 30 years old.
(2)
"Classic vehicle" means a vehicle that is at least 10 years old and has
historical interest for preservation or restoration.
(3) "Insurance" has the same meaning as
provided in
RCW
48.01.040.
(4) "Insurance policy" or "policy" or
"insurance contract" or "contract" means any contract of insurance, indemnity,
or suretyship, issued, proposed for issuance, or intended for issuance by any
insurer that provides either:
(a) Private
passenger automobile coverage; or
(b) Homeowner's coverage, including mobile
homeowners, manufactured homeowners, condominium owners, and renter's
coverage.
(5) "Insurer"
means any individual, corporation, association, partnership, reciprocal
exchange, interinsurer, fraternal mutual insurer, and any other legal entity
engaged in the business of insurance, and which is authorized to issue and
which issues any insurance policy or insurance contract in this state that
provides either:
(a) Private passenger
automobile coverage; or
(b)
Homeowner's coverage, including mobile homeowners, manufactured homeowners,
condominium owners, and renter's coverage.
(6) "Policyholder" means either the persons,
entities, or both, listed on the declarations page as the named insured in an
insurance policy. Policyholder does not include other covered individuals or
lienholders.
(7) "Policy period"
means the time or period during which insurance coverage is in
effect.
(8) "Premium" has the same
meaning as provided in
RCW
48.18.170.
(9) "Premium change transparency" means
either insurer explanations or notices provided to policyholders regarding
premium increases occurring at renewal according to this chapter.
(10) "Written" or "in writing" means any
retrievable method of recording an agreement or document, and, unless otherwise
specified, includes paper and electronic formats.
Notes
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