Home Table of Contents

§ 19-206. Notice relating to flood insurance coverage

West's Annotated Code of MarylandInsuranceEffective: October 1, 2017

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 19. Property and Casualty Insurance
Subtitle 2. Homeowner's Insurance Policies (Refs & Annos)
Effective: October 1, 2017
MD Code, Insurance, § 19-206
§ 19-206. Notice relating to flood insurance coverage
In general
(a)(1) An insurer 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 is deemed to be in compliance with this section if, within 7 calendar days after the date of application, the insurer sends the notice to the applicant or insured by a first-class mail tracking method.
(3) If an application is made using the Internet, the insurer is deemed to be in compliance with this section if the insurer provides the notice to the applicant prior to the submission of the application.
Notice requirements
(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;
(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.
Notice sent by certificate of mailing or with statement
(c) A notice required to be sent by a first-class mail tracking method under this section may be sent with the statement required under § 19-207 of this subtitle.
Private right of action
(d) A notice provided under this section does not create a private right of action.
Delivery of notice by electronic means
(e) A notice required by this section may be delivered by electronic means if the insurer complies with the requirements of § 27-601.2 of this article.

Credits

Added by Acts 2006, c. 388, § 2, eff. Jan. 1, 2007. Amended by Acts 2007, c. 576, § 1, eff. Oct. 1, 2007; Acts 2014, c. 364, § 1, eff. Oct. 1, 2014; Acts 2017, c. 123, § 1, eff. Oct. 1, 2017; Acts 2017, c. 124, § 1, eff. Oct. 1, 2017.
MD Code, Insurance, § 19-206, MD INSURANCE § 19-206
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document