§ 58-44-60. Notice to property insurance policyholder about flood, earthquake, mudslide, mudflow, and landslide insurance coverage. - North Carolina Statutes

§ 58‑44‑60. Notice to property insurance policyholder about flood, earthquake, mudslide,mudflow, and landslide insurance coverage.

(a)        Every insurer thatsells residential or commercial property insurance policies that do not providecoverage for the perils of flood, earthquake, mudslide, mudflow, or landslideshall, upon the issuance and renewal of each policy, identify to thepolicyholder which of these perils are not covered under the policy. Theinsurer shall print the following warning, citing which peril is not covered,in Times New Roman 16‑point font or other equivalent font and include itin the policy on a separate page immediately before the declarations page:

"WARNING: THIS PROPERTYINSURANCE POLICY DOES NOT PROTECT YOU AGAINST LOSSES FROM [FLOODS],[EARTHQUAKES], [MUDSLIDES], [MUDFLOWS], [LANDSLIDES]. YOU SHOULD CONTACT YOURINSURANCE COMPANY OR AGENT TO DISCUSS YOUR OPTIONS FOR OBTAINING COVERAGE FORTHESE LOSSES. THIS IS NOT A COMPLETE LISTING OF ALL OF THE CAUSES OF LOSSES NOTCOVERED UNDER YOUR POLICY. YOU SHOULD READ YOUR ENTIRE POLICY TO UNDERSTANDWHAT IS COVERED AND WHAT IS NOT COVERED."

(b)        As used in thissection, "insurer" includes an entity that sells property insuranceunder Articles 21, 45, or 46 of this Chapter. (2006‑145, s. 2; 2007‑300, s. 5.)