North Dakota § 26.1-42.1-09 Exhaustion of other coverage

North Dakota Statutes

§ 26.1-42.1-09 — Exhaustion of other coverage

North Dakota § 26.1-42.1-09

Title 26.1Insurance

Ch. 26.1-42.1Insurance Guaranty Association

This text of North Dakota § 26.1-42.1-09 (Exhaustion of other coverage) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 26.1-42.1-09 (2026).

Text

1.Any person with a claim against an insurer, regardless of whether that insurer is a member insurer under any provision in an insurance policy other than a policy of an insolvent insurer which is also a covered claim, is required to exhaust first that person's right under that policy. Any amount payable on a covered claim under this chapter must be reduced by the amount of any recovery under the insurance policy.

2.Any person with a claim that may be recovered under more than one insurance guaranty association or equivalent shall seek recovery first from the association of the place of residence of the insured except that if the claim is a first-party claim for damage to property with a permanent location, the person shall seek recovery first from the association of the location of the

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1. Any person with a claim against an insurer, regardless of whether that insurer is a
member insurer under any provision in an insurance policy other than a policy of an
insolvent insurer which is also a covered claim, is required to exhaust first that
person's right under that policy. Any amount payable on a covered claim under this
chapter must be reduced by the amount of any recovery under the insurance policy.
2. Any person with a claim that may be recovered under more than one insurance
guaranty association or equivalent shall seek recovery first from the association of the
place of residence of the insured except that if the claim is a first-party claim for
damage to property with a permanent location, the person shall seek recovery first
from the association of the location of the property. Any recovery under this chapter
must be reduced by the amount of recovery from any other insurance guaranty
association or equivalent.