New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 8 - INSURANCE POLICIES AND RATES
Part 3 - CASUALTY, PROPERTY, TITLE AND VEHICLE INSURANCE POLICY FORMS
Section 13.8.3.12 - POLICY FORM RESTRICTION
Universal Citation: 13 NM Admin Code 13.8.3.12
Current through Register Vol. 35, No. 18, September 24, 2024
Insurers shall not require their New Mexico insureds or applicants for insurance to make a "warranty" either expressed or implied, of any fact or allegation in the application for an insurance policy. This does not prohibit the use of the word "representations" or words of similar import and does not prohibit the use of the word "warranty" if the application contains a definition of "warranty" in which the language used is clear, understandable and accurate.
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