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Martin O'Malley, Governor
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Ch. 576
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deem an insurance producer to be in compliance with the statement
requirement under certain circumstances; providing that a certain statement
does not create a private right of action; providing for the application of this Act;
and generally relating to notices of coverage under homeowner's insurance.
BY repealing and reenacting, with amendments,
Article - Insurance
Section 19-206 and 19-207
Annotated Code of Maryland
(2006 Replacement Volume and 2006 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Insurance
19-206.
(a) (1) An insurer [or an insurance producer] that sells or negotiates
homeowner's insurance in the State shall provide an applicant, at the time a policy of
homeowner's insurance is initially purchased, with a written notice that states that a
standard homeowner's insurance policy does not cover losses from flood.
(2) If an application is made by telephone, the insurer [or insurance
producer] is deemed to be in compliance with this section if, within 7 calendar days
after the date of application, the insurer [or insurance producer] sends by certificate of
mailing the notice to the applicant or insured.
(3) If an application is made using the Internet, the insurer [or
insurance producer] is deemed to be in compliance with this section if the insurer [or
insurance producer] provides the notice to the applicant prior to the submission of the
application.
(b) The notice shall:
(1) state that flood insurance may be available through the National
Flood Insurance Program or other sources;
(2) provide the applicant with the contact information for the National
Flood Insurance Program;
(3) advise the applicant to confirm the need for flood insurance with
the National Flood Insurance Program or the applicant's mortgage lender;
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- 3755 -
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