COMMITTEE SUBSTITUTE
FOR
H. B. 2304
(By Delegates Hunt, Seacrist, McGraw and Thompson)
[Originating in the Committee on Banking and Insurance)
[February 15, l995.]
A BILL to amend article seventeen, chapter thirty-three of the
code of West Virginia, one thousand nine hundred thirty-one,
as amended, by adding thereto two new sections, designated
sections nine-a and thirteen, relating to the payment of
insurance claims for damage to structures and the insurers
responsibilities to their insureds.
Be it enacted by the Legislature of West Virginia:
That article seventeen, chapter thirty-three of the code of
West Virginia, one thousand nine hundred thirty-one, as amended,
be amended by adding thereto two new sections, designated
sections nine-a and thirteen, to read as follows:
ARTICLE 17. FIRE AND MARINE INSURANCE.
§33-17-9a. Disbursement of insurance proceeds.
Upon notice of a claim of an insured total loss to a
structure located in this state, insurance companies must notify
the insured of any coverage in the insurance policy providing
cleanup, removal of any refuse, debris, remnants or remains of
the dwelling and appurtenances and securing the structure. The
notification shall be by letter to the insured, mailed within ten
days of the notification of the claim, and shall include, but not
be limited to:
(a) The terms and limits of coverage designated by the
insurance policy for securing, cleanup and removal; and
(b) Any time limitations imposed on the insured for
securing, cleanup and removal.