Plan of Operation
Section 18 is amended editorially to reference nonowned auto liability in lieu of employers nonownership liability.
Manual of Rules and Rates
Rules 3 and 54 are amended to reference nonowned auto liability in lieu of employers nonownership liability.
Rule 5 is amended to delete reference to payroll basis as there are no policies being written on a payroll basis in the New Mexico Motor Vehicle Insurance Plan.
Rule 74 is revised to (1) delete reference to crawler type trucks in the medium trucks size class since these vehicles should be rated according to appropriate size and use, (2) add reference to “trailers used with light trucks”, and (3) clarify which rating factor is modified by the showroom factor.
Rule 124 is retitled to reference nonowned auto liability coverage in lieu of employers nonownership liability.
Rule 138 is amended to clarify application of the Leasing or Rental Concerns—Exclusion of Certain Leased Autos endorsement.
Rule 139 is revised to specify that the street address of the named insured is used in determining the territory.
Rule 140 is revised to delete reference to the Changes in Coverage Forms—Mobile Equipment Subject to Motor Vehicle Insurance Laws endorsement since it has been incorporated into the Business Auto and Truckers Coverage Forms.
These Section and Rule amendments are effective October 1, 2008.
This update is available in Adobe PDF format in the
section "NM AIP Adobe Documents".
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