yourstate.us
Home / Indiana / Insurance
Ind. Code § 27-2-24-10

Payment not required if final settlement less than 60% of available proceeds

Indiana · Indiana Code Title 27 — Insurance · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Ind. Code § 27-2-24-10, Payment not required if final settlement less than 60% of available proceeds, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663026
Permanent ID
ys:prov:1663026@1
SHA-256
de1c1bcea1409c996cbbf089f9bb5a2370b9646c3c363b9443031fdd34f26210

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Sec. 10. This chapter does not require an insurer that issued a policy of property or casualty insurance to pay a claim to an innocent coinsured if the final settlement for the property loss is less than sixty percent (60%) of available insurance proceeds under the policy.