§ 27-1-16.1-1 Definitions
§ 27-1-16.1-2 “Customer”
§ 27-1-16.1-3 “Insured customer”
§ 27-1-16.1-4 “Self-storage facility”
§ 27-1-16.1-5 “Self-storage insurance”
§ 27-1-16.1-6 “Self-storage rental agreement”
§ 27-1-16.1-7 “Supervising entity”
§ 27-1-16.1-8 Limited lines producer’s license required; training and limits on employee and authorized representative conduct
§ 27-1-16.1-9 Supervising entity registry
§ 27-1-16.1-10 Written disclosures and information
§ 27-1-16.1-11 Evidence of coverage
§ 27-1-16.1-12 Manner in which self-storage insurance may be sold
§ 27-1-16.1-13 Eligibility and underwriting standards
§ 27-1-16.1-14 Charges for self-storage insurance; handling of funds; compensation
§ 27-1-16.1-15 Violations
§ 27-1-16.1-16 Application for limited lines producer’s license
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Terms Used In Indiana Code > Title 27 > Article 1 > Chapter 16.1 - Self-Storage Insurance

  • Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
  • customer: means a person that obtains the use of storage space from a self-storage facility under the terms of a self-storage rental agreement. See Indiana Code 27-1-16.1-2
  • Dependent: A person dependent for support upon another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Insurance: means a contract of insurance or an agreement by which one (1) party, for a consideration, promises to pay money or its equivalent or to do an act valuable to the insured upon the destruction, loss or injury of something in which the other party has a pecuniary interest, or in consideration of a price paid, adequate to the risk, becomes security to the other against loss by certain specified risks; to grant indemnity or security against loss for a consideration. See Indiana Code 27-1-2-3
  • insured customer: means a customer that purchases insurance under a self-storage insurance policy that is sold, solicited, or negotiated by a self-storage facility. See Indiana Code 27-1-16.1-3
  • insurer: means a company, firm, partnership, association, order, society or system making any kind or kinds of insurance and shall include associations operating as Lloyds, reciprocal or inter-insurers, or individual underwriters. See Indiana Code 27-1-2-3
  • person: includes individuals, corporations, associations, and partnerships; personal pronoun includes all genders; the singular includes the plural and the plural includes the singular. See Indiana Code 27-1-2-3
  • premium: means money or any other thing of value paid or given in consideration to an insurer, insurance producer, or solicitor on account of or in connection with a contract of insurance and shall include as a part but not in limitation of the above, policy fees, admission fees, membership fees and regular or special assessments and payments made on account of annuities. See Indiana Code 27-1-2-3
  • self-storage facility: means a person that is engaged in the business of providing rented storage space to the public. See Indiana Code 27-1-16.1-4
  • self-storage insurance: means :

    Indiana Code 27-1-16.1-5

  • self-storage rental agreement: means a written agreement containing the terms and conditions governing the use of storage space provided by a self-storage facility. See Indiana Code 27-1-16.1-6
  • supervising entity: means a business entity that:

    Indiana Code 27-1-16.1-7