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S01622 Summary:

BILL NOS01622
 
SAME ASSAME AS UNI. A00978
 
SPONSORLAVALLE
 
COSPNSR
 
MLTSPNSR
 
Amd §3445, Ins L
 
Provides that the maximum deductible allowed in catastrophic windstorms shall not be greater than fifteen hundred dollars and shall be stated in the policy in numerical terms; also provides that deductibles shall only be applicable to losses incurred in windstorms with speeds greater than 125 miles per hour.
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