Montana § 33-24-304 Brochures And Materials Explaining Self-Storage Coverage

Montana Statutes

§ 33-24-304 — Brochures And Materials Explaining Self-Storage Coverage

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 24 PROPERTY INSURANCE·Part 3 Self-Storage Insurance Act

33-24-304 . Brochures and materials explaining self-storage coverage.

(1)At each location where self-storage insurance coverage is offered to renters, written or electronic brochures or materials must be made available to renters that:

(a)disclose that self-storage insurance may provide a duplication of coverage already provided by a renter's homeowner's insurance policy, renter's insurance policy, or other source of coverage;

(b)state that the enrollment by the renter in a self-storage insurance program offered by the operator is not required in order to rent a leased space at the self-storage facility;

(c)provide a copy of the actual self-storage insurance coverage, or summarize the material terms of the insurance coverage, including:

(i)the identity of the insurer;

(ii)the identit

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33-24-304 . Brochures and materials explaining self-storage coverage. (1) At each location where self-storage insurance coverage is offered to renters, written or electronic brochures or materials must be made available to renters that:
(a) disclose that self-storage insurance may provide a duplication of coverage already provided by a renter's homeowner's insurance policy, renter's insurance policy, or other source of coverage;
(b) state that the enrollment by the renter in a self-storage insurance program offered by the operator is not required in order to rent a leased space at the self-storage facility;
(c) provide a copy of the actual self-storage insurance coverage, or summarize the material terms of the insurance coverage, including:
(i) the identity of the insurer;
(ii) the identity of the supervising entity, if different from the insurer;
(iii) the amount of any applicable deductible and how it is to be met;
(iv) benefits of the coverage; and
(v) key terms and conditions of the coverage;
(d) summarize the process for filing a claim; and
(e) state that a renter that purchases self-storage insurance coverage may cancel the coverage at any time and that the person paying the premium must receive a refund of any applicable unearned premium.
(2) The written or electronic brochures or materials required by this section are not subject to filing with or approval by the commissioner.

Montana § 33-24-304 (Brochures And Materials Explaining Self-Storage Coverage) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.