Tennessee § 56-49-106 Exclusion from coverage

Tennessee Statutes

§ 56-49-106 — Exclusion from coverage

Tennessee § 56-49-106

Title56

This text of Tennessee § 56-49-106 (Exclusion from coverage) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 56-49-106 (2026).

Text

(a)Creditor-placed insurance coverage shall not include:

(1)Coverage for the cost of repossession;

(2)Skip, confiscation and conversion coverage;

(3)Coverage for payment of mechanics' or other liens that do not arise from a covered loss occurrence;

(4)Coverage that requires a debtor's insurance deductible to be less than two hundred dollars ($200); or (5) Coverage that is broader than the insurance coverages that meets the minimum insurance requirements of the credit agreement.

(b)Nothing in this section shall be deemed to prohibit the issuance of a separate policy or endorsement providing the coverages listed in subsection (a). However, no charge shall be passed along to the debtor for the coverages.

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(a) Creditor-placed insurance coverage shall not include: (1) Coverage for the cost of repossession; (2) Skip, confiscation and conversion coverage; (3) Coverage for payment of mechanics' or other liens that do not arise from a covered loss occurrence; (4) Coverage that requires a debtor's insurance deductible to be less than two hundred dollars ($200); or (5) Coverage that is broader than the insurance coverages that meets the minimum insurance requirements of the credit agreement. (b) Nothing in this section shall be deemed to prohibit the issuance of a separate policy or endorsement providing the coverages listed in subsection (a). However, no charge shall be passed along to the debtor for the coverages.