§33-17-9b Disbursement of insurance proceeds.
§33-17-9b. Disbursement of insurance proceeds.
No proceeds shall be paid by an insurance company which has issued a policy which provides coverage for debris removal for cleanup, removal of refuse, debris, remnants, or remains of a dwelling or structure upon a claim of total loss unless and until the insurance company receives certification that the refuse, debris, remnants, or remains of the dwelling or structure have been cleaned up, removed or otherwise disposed of. In the event the insurance company receives, within six months of the date of loss, certification that such cleanup, removal or disposal costs have been incurred by a municipality, county or other governmental entity, rather than the policyholder, such debris removal and cleanup proceeds shall be paid to the municipality, county or other government entity which has incurred such costs.
No insurance company subject to this section which complies with this section may be held liable for any claim that may arise out of the cleanup, removal or disposal of debris pursuant to this section.
An insurance company subject to this section which complies with this section shall be deemed to have fully satisfied all contractual obligations to the policyholder regarding debris removal.
In no event shall an insurance company be required to pay moneys in excess of policy limits for debris removal.