South Carolina § 38-73-480 - Rate for group automobile insurance.
Full text of South Carolina South Carolina Code of Laws § 38-73-480 — Rate for group automobile insurance., with citation guidance and answers to common questions.
§ 38-73-480. Rate for group automobile insurance.
An automobile insurance contract sold on the basis of a group plan or contract pursuant to Section 38-77-130 shall have a rate not less than five percent less than the individual rate for which the insurer markets a substantially similar policy.
HISTORY: Former 1976 Code SECTION 38-37-350 [1962 Code SECTION 37-591.15; 1974 (58) 2718] recodified as SECTION 38-73-480 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-73-480
What does South Carolina Code of Laws § 38-73-480 cover?
Section 38-73-480 ("Rate for group automobile insurance.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 38-73-480?
A common citation format is "South Carolina Code of Laws § 38-73-480" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 38-73-480 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.