Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 05 - Personal Lines - Automobile and Homeowners Insurance
Part 13 - Property Insurance and Weather Related Claims (230-RICR-20-05-13)
Section 230-RICR-20-05-13.3 - Definitions

Universal Citation: 230 RI Code of Rules 20 05 13.3

Current through September 18, 2024

A. As used in this Part:

1. "Deductible" means a policy provision that requires the insured to be responsible for a specific amount or percentage of a loss or the percentage of insured value on the policy and the insurer to pay covered losses in excess of that amount.

2. "Department" means the Insurance Division of the Department of Business Regulation.

3. "Hurricane" means a weather-related event for which the National Weather Service has issued a hurricane warning for the applicable part of Rhode Island as indicated in § 13.4(F) of this Part.

4. "Hurricane Deductible" means a Deductible applicable to an event which is a Hurricane. This term does not include traditional all perils deductibles.

5. "National Weather Service" means the weather information service, of which the National Hurricane Center is a part, that is a line office of the National Oceanic and Atmospheric Administration (NOAA).

6. "Residential property insurance" means a personal lines insurance policy providing coverage to a domicile.

7. "Rhode Island Building Code" means "RISBC- 2 R hode Island State One and Two Family Dwelling".

8. "Windstorm deductible" means a deductible applicable to an event involving damage to property as a result of wind which is not a Hurricane. This term does not include traditional all perils deductibles.

9. "Written" means a writing or electronic communication in accordance with R.I. Gen. Laws § 42-127.1-1 et seq.

10. "Zone" means the Wind Zone pursuant to "RISBC- 2 R hode Island State One and Two Family Dwelling", as indicated on the attached maps, in which the property is located.

Disclaimer: These regulations may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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