Ala. Admin. Code r. 482-1-150-.01

Current through Register Vol. 42, No. 10, July 31, 2024

Section 482-1-150-.01 - Purpose

The purpose of this chapter is to provide requirements for property insurers to periodically inform their insureds of their option to request a change to their Dwelling Coverage Limit. This chapter shall not be interpreted as creating an obligation, or duty, on behalf of insurers to select Dwelling Coverage limits for the insured.

Ala. Admin. Code r. 482-1-150-.01

New Rule: November 9, 2010; effective November 22, 2010. Filed with LRS November 10, 2010. Rule is not subject to the Alabama Administrative Procedure Act.

Author: Commissioner of Insurance

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-12-2.