Vermont § 4704a - Rerating after use of erroneous credit information If it is determined through the reinvestigation process set forth in the federal Fair
Full text of Vermont Vermont Statutes Online § 4704a — Rerating after use of erroneous credit information If it is determined through the reinvestigation process set forth in the federal Fair, with citation guidance and answers to common questions.
§ 4704a. Rerating after use of erroneous credit information If it is determined through the reinvestigation process set forth in the federal Fair
- Credit Reporting Act, 15 U.S.C. § 1681i(a)(5), that credit information relied upon by an insurer was incorrect, and if an insurer
receives notice of that determination from either the consumer reporting agency or
from the insured who has provided written documentation from the consumer reporting
agency, within one year of the date after the insured is no longer a customer of the
insurer, such insurer shall reunderwrite and rerate the consumer within 30 days after
receiving the notice. After reunderwriting or rerating the insured, the insurer shall
make any adjustments necessary consistent with its underwriting and rating guidelines.
If an insurer determines that the insured has overpaid the premium, the insurer shall
refund to the insured the amount of overpayment. (Added 2005, No. 211 (Adj. Sess.), § 5.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 4704a
What does Vermont Statutes Online § 4704a cover?
Section 4704a ("Rerating after use of erroneous credit information If it is determined through the reinvestigation process set forth in the federal Fair") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 4704a?
A common citation format is "Vermont Statutes Online § 4704a" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 4704a apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.