New Mexico § 59A-62-9 Collection of fees

New Mexico Statutes

§ 59A-62-9 — Collection of fees

New Mexico § 59A-62-9

Ch. 59AInsurance Code

Art. 62Self-Service Storage Insurance License

This text of New Mexico § 59A-62-9 (Collection of fees) 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-62-9 (2026).

Text

A.Charges for self-service storage insurance coverage may be billed and collected by a self-service storage insurance producer.

B.A charge to an occupant for coverage that is not included in the cost associated with the rental of storage space shall be separately itemized on the occupant's bill.

C.If self-service storage insurance coverage is included with the rental of storage space, the self-service storage insurance producer shall clearly and conspicuously disclose to the occupant in the rental invoice or otherwise that the self-service storage insurance coverage is included with charges for the rental of storage space.

D.An occupant that purchases self-service storage insurance may cancel the insurance at any time by notifying the insurer or the supervising entity in writing and sh

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A. Charges for self-service storage insurance coverage may be billed and collected by a self-service storage insurance producer. B. A charge to an occupant for coverage that is not included in the cost associated with the rental of storage space shall be separately itemized on the occupant's bill. C. If self-service storage insurance coverage is included with the rental of storage space, the self-service storage insurance producer shall clearly and conspicuously disclose to the occupant in the rental invoice or otherwise that the self-service storage insurance coverage is included with charges for the rental of storage space. D. An occupant that purchases self-service storage insurance may cancel the insurance at any time by notifying the insurer or the supervising entity in writing and shall receive a refund of any unearned premium within twenty days of cancellation.