59A-32-19: Discounts or reductions in premiums.
Where this section sits in the code
- Chapter 59A - Insurance Code
- ARTICLE 32 Motor Vehicle Insurance
Nothing in Sections 59A-32-14 through 59A-32-18 NMSA 1978 shall prohibit an insurer offering private passenger motor vehicle insurance to New Mexico residents from providing a minimum twenty percent premium discount for bodily injury liability, property damage liability and collision coverages.
Collected 2026-09-03T15:02:20Z. Source file · JSON