Louisiana Statutes
§ 22:1317 — Co-insurance clauses; prohibited in certain cases
Louisiana·Title 22 Insurance
No policy of fire and extended coverage insurance issued by an authorized insurer covering property or risks in this state shall contain any clause or provisions requiring the insured to take out or maintain a larger amount of insurance than that covered by such policy or providing in any way that the insured shall be liable as a co-insurer with the insured unless such clause has been approved by the commissioner of insurance, and there has been a consideration allowed in the rate of premium charged for such policy.
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Louisiana § 22:1317 (Co-insurance clauses; prohibited in certain cases) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1958, No. 125. Amended by Acts 1960, No. 330, §1; Acts 1963, No. 115, §1; Redesignated from R.S. 22:694 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 250, §1.
Nearby Sections
15
§ 22:13
Penalty for violations§ 22:1300.1
Short title§ 22:1300.10
Consumer protections disclosures§ 22:1300.11
Driver's license verification; data retention§ 22:1300.12
Responsibility for equipment§ 22:1300.13
Automobile safety recalls§ 22:1300.2
Definitions§ 22:1300.3
Insurance coverage during car sharing period§ 22:1300.4
Notification of implications of lien§ 22:1300.5
Exclusions in motor vehicle liability policy§ 22:1300.6
Recordkeeping; use of vehicle in car sharing§ 22:1300.7
Exemption; vicarious liability§ 22:1300.8
Contribution against indemnification§ 22:1300.9
Insurable interest