New Mexico § 59A-16-20.1 Homeowner's casualty insurance; premium rate and

New Mexico Statutes

§ 59A-16-20.1 — Homeowner's casualty insurance; premium rate and

New Mexico § 59A-16-20.1

Ch. 59AInsurance Code

Art. 16Trade Practices and Frauds

This text of New Mexico § 59A-16-20.1 (Homeowner's casualty insurance; premium rate and) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 59A-16-20.1 (2026).

Text

policy; protection after natural disaster.

A.A homeowner's casualty insurance policy shall not be canceled or denied renewal because of a homeowner's claim made as a result of damages caused by a natural disaster to the homeowner's private residence, provided that the homeowner's policy expressly provides for such coverage.

B.The provisions of this section apply to all insurance carriers authorized under the Insurance Code [Chapter 59A NMSA 1978] to transact homeowner's casualty insurance policies. For the purposes of this section, "natural disaster" means any hurricane, tornado, storm, flood, high water, wind-driven water, earthquake, landslide, mudslide, snowstorm, drought, fire, explosion or other catastrophe that results in substantial damage to property, hardship, suffering or loss

Free access — add to your briefcase to read the full text and ask questions with AI

policy; protection after natural disaster. A. A homeowner's casualty insurance policy shall not be canceled or denied renewal because of a homeowner's claim made as a result of damages caused by a natural disaster to the homeowner's private residence, provided that the homeowner's policy expressly provides for such coverage. B. The provisions of this section apply to all insurance carriers authorized under the Insurance Code [Chapter 59A NMSA 1978] to transact homeowner's casualty insurance policies. For the purposes of this section, "natural disaster" means any hurricane, tornado, storm, flood, high water, wind-driven water, earthquake, landslide, mudslide, snowstorm, drought, fire, explosion or other catastrophe that results in substantial damage to property, hardship, suffering or loss of life.