Indiana Statutes

§ 27-2-24-10 — Payment not required if final settlement less than 60% of available proceeds

Indiana § 27-2-24-10
JurisdictionIndiana
Title 27INSURANCE
Art. 2POWERS AND DUTIES OF INSURERS
Ch. 24Coverage With Innocent Coinsured

This text of Indiana § 27-2-24-10 (Payment not required if final settlement less than 60% of available proceeds) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 27-2-24-10 (2026).

Text

This chapter does not require an insurer that issued a policy of property or casualty insurance to pay a claim to an innocent coinsured if the final settlement for the property loss is less than sixty percent (60%) of available insurance proceeds under the policy.

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Legislative History

As added by P.L.148-2017, SEC.8.

Nearby Sections

15
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Bluebook (online)
Indiana § 27-2-24-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/27-2-24-10.