Section 417-B:1 Application of Chapter.
This chapter shall apply to policies of insurance other than automobile insurance, workers' compensation insurance, and excess insurance on risks located or residents in this state which insure any of the following contingencies:
I. Loss of or damage to real property which is used solely for residential purposes, which is owner occupied, and which consists of not more than 4 dwelling units.
II. Loss of or damage to personal property owned by natural persons except personal property used in the conduct of a commercial or industrial enterprise.
III. Legal liability of a natural person or persons for loss of, damage to, or injury to, persons or property, but not including policies primarily insuring risks arising from the conduct of a commercial or industrial enterprise.
Source. 1971, 453:1. 1983, 396:1, eff. Aug. 21, 1983. 2006, 196:13, eff. July 30, 2006.