Sec. 3. As used in this chapter, “homeowner’s policy” means a policy that provides:

(1) coverage for:

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Terms Used In Indiana Code 27-2-28-3

(A) damage to or the destruction of:

(i) a structure; or

(ii) a unit within a structure;

that is used as a residence by one (1) or more individuals; and

(B) damage to or the loss of personal property that is present in the structure or unit described in clause (A);

caused by perils such as fire, hail, and lightning; and

(2) coverage against the civil liability of the policyholder arising from bodily injury or property damage incurred by others.

As added by P.L.226-2023, SEC.20.