New Hampshire Statutes
§ 407:14 — Neglect of Insurer
If the company neglects to adjust the loss within 15 days after receiving notice of it, or to begin to rebuild or repair the property destroyed or damaged within 20 days after the adjustment of the loss, the insured may proceed to rebuild or repair at the expense of the company, which shall be liable for the reasonable expenses incurred in so doing and for the loss sustained by its neglect, not exceeding the amount insured; or the insured may commence an action upon the policy.
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New Hampshire § 407:14 (Neglect of Insurer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1959, 163:1, eff. Jan. 1, 1960.
Nearby Sections
15
§ 407:1
Form of Policy§ 407:10
Agent's Knowledge§ 407:11
Policy Value§ 407:12
Adjustment and Payment of Loss§ 407:12-a
Payment of Incidental Costs§ 407:13
Rebuilding§ 407:14
Neglect of Insurer§ 407:15
Notice to Insured§ 407:16
Judgment, etc§ 407:17
Suit Against Foreign Company§ 407:18
Non-payment of Judgment§ 407:2
Use Required§ 407:2-a
Combination Coverages§ 407:20
Action by Assignee