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H.B. 1106
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Martin O'Malley, Governor
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(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;
(4) advise the applicant to contact the National Flood Insurance
Program, the applicant's insurer, or the applicant's insurance producer for information
about flood insurance;
(5) advise the applicant that flood insurance may be available for
covered structures and their contents;
(6) advise the applicant that a claim under a flood insurance policy
may be adjusted and paid on a different basis than a claim under a homeowner's
insurance policy; and
(7) advise the applicant that a separate application must be completed
to purchase flood insurance.
(c) A notice required to be sent by certificate of mailing under this section
may be sent with the statement required under § 19-207 of this article.
(d) A notice provided under this section does not create a private right of
action.
19-207..
(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 of
application for homeowner's insurance, with a written statement that lists all
additional optional coverage available from the insurer to the applicant.
(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 statement 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 statement to the applicant prior to submission of the
application.
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- 4823 -
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