Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 960 - HURRICANE DEDUCTIBLES
Section 031-960-3 - Definitions
Current through 2025-13, March 26, 2025
A. "Forecast zone" means a forecast area published by the National Weather Service for the State of Maine.
B. "Hurricane" means a weather event for which the National Weather Service has issued a hurricane warning for the applicable part of the State of Maine.
C. "Hurricane deductible" means a policy provision, specifically applicable to losses resulting from a hurricane, that defines the amount of covered loss the insured must bear.
D. "Hurricane warning" means an announcement by the National Weather Service that sustained winds of 74 miles per hour or higher are expected somewhere in a specified area in association with a tropical, subtropical, or post-tropical cyclone.
E. "National Weather Service" means the component of the National Oceanic and Atmospheric Administration, or its successor, that includes the National Hurricane Center.
F. "Policy" means an insurance contract subject to M.R.S. Title 24-A, Chapter 41, Subchapter 5, the Property Insurance Cancellation Control Act.
G. "Superintendent" means the Superintendent of Insurance.
