§ 67A.13 — Types of Insurance Authorized
Plain-Language Summary
This section lists all the types of damage that township mutual fire insurance companies can cover. These include fire, lightning, explosion, flood, earthquake, theft, vandalism, vehicle damage, smoke, glass breakage, ice and snow damage, water leaks, and electrical problems. For livestock, coverage also includes electrocution, animal attacks, drowning, accidental shooting, and transportation accidents.
67A.13 TYPES OF INSURANCE AUTHORIZED.
A township mutual fire insurance company shall insure only against loss or damage by fire, lightning, explosion, flood, earthquake, theft, vandalism, collapse, upset, overturn, collision, riot, riot attending a strike, civil commotion, aircraft, vehicles, smoke, breakage of glass, weight of ice, snow or sleet, freezing, leakage of water or other substance, electrical power interruption or electrical breakdown from any cause, and as to livestock against loss or damage by electrocution by electrical currents artificially generated, attack by dogs or wild animals, drowning, accidental shooting, loading or unloading, or collision or overturn of conveyances, and consequential losses as a result of damage from any of the perils listed except public liability.
History:
1967 c 395 art 8 s 13; 1975 c 15 s 10
History: History: 1967 c 395 art 8 s 13; 1975 c 15 s 10