For the purposes of KRS § 304.9-495 to KRS § 304.9-497:
(1) “Limited lines self-service storage space insurance producer” means a:
(a) Licensed managing general agent, which has the same meaning as “managing general agent” in KRS § 304.9-085(1);
(b) Licensed agent, which as the same meaning as “agent” in KRS § 304.9-020; or
(c) Limited lines self-service storage space insurance agent licensed pursuant to
KRS § 304.9-230;
designated by the insurer as the self-service storage space insurance supervising entity;
(2) “Occupant” has the same meaning as in KRS § 359.200;
(3) “Offering and disseminating” means providing general information relating to the self-service storage space insurance offered, including a description of the coverage and price, receiving applications and premiums, and performing other activities permitted by the department which do not require a license;
(4) “Operator” has the same meaning as in KRS § 359.200;
(5) “Personal property” has the same meaning as in KRS § 359.200;
(6) “Self-service storage facility” has the same meaning as in KRS § 359.200; and
(7) “Self-service storage space insurance” means insurance that provides primary coverage to an occupant of a self-service storage facility space for the loss of or damage to tangible personal property that is contained in a self-service storage space, but does not include a homeowner’s policy, renter’s insurance policy, a private passenger motor vehicle insurance policy, or an insurance policy that provides coverage similar to the insurance provided by this subsection.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 59, sec. 2, effective July 15, 2014.
Legislative Research Commission Note (71/1514). In codification, the Reviser of
Statutes has altered the numbering within this statute from the way it appeared in
2014 Ky. Acts ch. 59, sec. 2, under the authority of KRS § 7.136(1)(c).