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S01622 Summary:
BILL NO | S01622 |
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SAME AS | SAME AS UNI. A00978 |
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SPONSOR | LAVALLE |
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COSPNSR | |
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MLTSPNSR | |
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Amd §3445, Ins L | |
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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. |