Georgia § 33-32-4 Refund of premium payments where insured sustaining total loss of property receives less than maximum amount payable under policy

Georgia Statutes

§ 33-32-4 — Refund of premium payments where insured sustaining total loss of property receives less than maximum amount payable under policy

Georgia § 33-32-4

Title33

This text of Georgia § 33-32-4 (Refund of premium payments where insured sustaining total loss of property receives less than maximum amount payable under policy) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 33-32-4 (2026).

Text

In the event of a total loss of property, if an insurer shall pay to the insured an amount less than the maximum amount authorized to be paid under an insurance policy covering the property, the insurer shall refund to the insured the difference between the amount of premiums actually paid for the insurance policy and the amount of premiums which would have been charged for a property insurance policy having a maximum amount payable equal to the amount actually paid by the insurer to the insured.

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In the event of a total loss of property, if an insurer shall pay to the insured an amount less than the maximum amount authorized to be paid under an insurance policy covering the property, the insurer shall refund to the insured the difference between the amount of premiums actually paid for the insurance policy and the amount of premiums which would have been charged for a property insurance policy having a maximum amount payable equal to the amount actually paid by the insurer to the insured.