N.M. Admin. Code § 13.18.3.17

Current through Register Vol. 35, No. 21, November 5, 2024
Section 13.18.3.17 - NOTICE OF CREDITOR-PLACED INSURANCE

An insurer shall, within 15 days of the initial placement or renewal of creditor-placed insurance, either directly or through the creditor, using the form prescribed in 13.18.3.20 NMAC or a substantially similar form mail to the debtor by first-class mail a copy of the certificate of insurance or policy. In the case of limited dual-interest insurance, the insurer shall also explain the debtor's rights to file a claim for damages incurred after the effective date of the coverage.

N.M. Admin. Code § 13.18.3.17

1/1/99; Recompiled 11/30/01, Adopted by New Mexico Register, Volume XXIX, Issue 14, July 24, 2018, eff. 7/24/2018