Indiana Code 27-5.1-4-3. Kinds of insurance coverage
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Sec. 3. An extended company may:
(A) fire;
(1) insure the property of policyholders of the extended company against loss or damage that is caused by:
Terms Used In Indiana Code 27-5.1-4-3
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(B) windstorm;
(C) causes specified under an extended coverage provision; and
(D) other perils that are specified in the policy form;
(2) insure the property of policyholders of the extended company against:
(A) loss of use;
(B) loss of occupancy;
(C) loss of rents; and
(D) additional expenses;
that result from direct loss or damage to covered property; and
(3) provide other kinds of insurance that are approved by the commissioner.
As added by P.L.129-2003, SEC.8.