Delaware § 4104 Purpose

Delaware Statutes

§ 4104 — Purpose

Delaware·Title 18·Part Insurance·Ch. 41 PROPERTY INSURANCE CONTRACTS·Subch. Basic Property Protection Plan

The purposes of this subchapter are:

(1)To assure stability in the property insurance market of this State;

(2)To make basic property insurance available for qualified property established by this section;

(3)To encourage maximum use in obtaining basic property insurance of the available, normal insurance market provided by the private property insurance industry;

(4)To provide for equitable distribution among authorized insurers of the responsibility for insuring qualified property for which basic property insurance cannot be obtained through the normal insurance market.

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The purposes of this subchapter are:

(1) To assure stability in the property insurance market of this State;

(2) To make basic property insurance available for qualified property established by this section;

(3) To encourage maximum use in obtaining basic property insurance of the available, normal insurance market provided by the private property insurance industry;

(4) To provide for equitable distribution among authorized insurers of the responsibility for insuring qualified property for which basic property insurance cannot be obtained through the normal insurance market.

Delaware § 4104 (Purpose) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.