Ch. 114

1994 LAWS OF MARYLAND

(B) (C) AN AUTHORIZED INSURER MAY EXCLUDE COVERAGE FOR LEAD
HAZARD WITH RESPECT TO AN AFFECTED PROPERTY IN EXCESS OF THE AMOUNT
OF A QUALIFIED OFFER MADE OR TO BE MADE UNDER PART V OF TITLE 6, SUBTITLE
8 OF THE ENVIRONMENT ARTICLE.

(C) (D) THIS SECTION APPLIES ONLY TO COVERAGE FOR LEAD HAZARD
AND DOES NOT AFFECT COVERAGE FOR PROPERTY DAMAGE OR ANY OTHER FORM
OF COVERAGE PROVIDED IN A POLICY OR CONTRACT OF INSURANCE.

(D) (E) IN LIEU OF WAIVER OF A LEAD HAZARD EXCLUSION UNDER
SUBSECTION (A) OF THIS SECTION, AND WITH THE PRIOR APPROVAL OF THE
ADMINISTRATION, AN AUTHORIZED INSURER MAY OFFER AN ALTERNATIVE FORM
OF COVERAGE FOR A QUALIFIED OFFER MADE WITH RESPECT TO AN AFFECTED
PROPERTY UNDER PART V OF TITLE 6, SUBTITLE 8 OF THE ENVIRONMENT ARTICLE.

(F) (1) AN INSURER MAY CANCEL OR NONRENEW LEAD HAZARD COVERAGE OR
REIMPOSE AN EXCLUSION ONLY IF:

(I) THE INSURED FAILS TO:                           

1. PAY THE APPLICABLE PREMIUM;

                                  .                                                                                                                           

2. PROVIDE REASONABLE ACCESS TO THE AFFECTED

PROPERTY FOR PURPOSES OF INSPECTION FOR THE PRESENCE OR CONDITION OF LEAD

BY THE INSURER OR THE INSURER'S DESIGNEE;

3. COMPLY WITH THE TERMS OR CONDITIONS OF THE POLICY;
OR                            

4. PERFORM LEAD HAZARD REDUCTION TREATMENTS; OR

(II) THE AFFECTED PROPERTY FAILS TO COMPLY OR MAINTAIN
COMPLIANCE WITH THE RISK REDUCTION STANDARDS UNDER § 6-815(A)(2) OF THE
ENVIRONMENT ARTICLE.

(2) (I) AN INSURER MAY CANCEL OR NONRENEW LEAD HAZARD
COVERAGE OR REIMPOSE AN EXCLUSION UNDER PARAGRAPH (1)(I)4 OR (II) OF THIS
SUBSECTION ONLY IF THE. INSURER PROVIDES THE INSURED WITH:                         

1. WRITTEN NOTICE THAT THE INSURER INTENDS TO CANCEL
THE COVERAGE; AND

2. AN OPPORTUNITY TO CORRECT THE VIOLATION WITHIN 30

DAYS AFTER THE MAILING OF THE NOTICE.

(II)     COVERAGE IS AUTOMATICALLY REINSTATED IF THE VIOLATION IS
CORRECTED WITHIN 30 DAYS AFTER THE MAILING OF THE NOTICE.

(III)        WITHIN 45 DAYS OF ISSUING A NOTICE OF CANCELLATION
UNDER THIS PARAGRAPH, THE INSURER SHALL TRANSMIT A COPY OF THE NOTICE TO
THE DEPARTMENT; TOGETHER WITH THE RESULTS OF ANY INSPECTION OF THE
AFFECTED PROPERTY.

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