North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-03 - Regulation of Insurance Companies
Chapter 45-03-18 - Fire District Assignment
Section 45-03-18-05 - Reporting of property premiums only
Universal Citation: ND Admin Code ยง 45-03-18-05
Current through Supplement No. 394, October, 2024
In the lines of homeowner's multiple peril, farmowner's multiple peril, and commercial multiple peril insurance companies shall subtract any liability premium from the total premium to arrive at the property premium. For package policies containing numerous subcoverages with minor premiums attributable to each, those premiums must be included in the total amount reported.
General Authority: NDCC 26.1-01-07.5
Law Implemented: NDCC 26.1-01-07.5
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