Sec. 31.08.08.05. Deductible

Latest version.

A. An authorized insurer providing lead hazard coverage under Insurance Article, §19-704, Annotated Code of Maryland:

(1) Shall offer the coverage without a deductible for the lead hazard coverage; and

(2) May offer the coverage with a deductible for the lead hazard coverage.

B. When an insurer pays a claim on the policy with a deductible, the:

(1) Insurer shall pay the claim, including any applicable deductible; and

(2) Insured shall reimburse the insurer for any amount paid up to the limit of any applicable deductible.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');