(b) The written materials available under subsection (a) must do all the following:(1) Disclose that self-storage insurance may duplicate coverage already provided under a customer's homeowner's insurance policy, renter's insurance policy, or other coverage.(2) State that if insurance is required as a condition of a self-storage rental agreement, the requirement may be satisfied by the customer's:(A) purchase of self-storage insurance that is sold, solicited, or negotiated by the self-storage facility; or(B) presentation to the self-storage facility of evidence of other applicable insurance coverage.(3) Summarize the material terms of each self-storage insurance policy under which insurance is available from the self-storage facility, including all the following:(A) The identity of the insurer that issues the self-storage insurance policy.(B) The identity of any supervising entity.(C) All costs related to the self-storage insurance policy.(D) The amount of any applicable ity of the insurer that issues the self-storage insurance policy.(B) The identity of any supervising entity.(C) All costs related to the self-storage insurance policy.(D) The amount of any applicable deductible.(E) The benefits of the self-storage insurance.(F) The key terms and conditions of coverage.(4) Summarize the process for filing a claim.(5) State that an insured customer may cancel the insured customer's coverage under the self-storage insurance policy at any time and the person who pays the premium will receive a refund of unearned premium.As added by P.L.81-2013, SEC.3.
Indiana Legal Code