Maine Revised Statutes Title 24-A Sec. 2918 – Duplicate coverage
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Terms Used In Maine Revised Statutes Title 24-A Sec. 2918
- Policy: means an automobile insurance policy providing bodily injury liability, property damage liability, medical payments, uninsured motorist coverage, physical damage coverage, or any combination thereof, delivered or issued for delivery in this State, insuring a single individual or one or more related individuals resident in the same household, as named insured and insuring vehicles of the following types only:
A. See Maine Revised Statutes Title 24-A Sec. 2912to renew: means the issuance and delivery by an insurer of a policy replacing at the end of the previous policy term a policy previously issued and delivered by the same insurer, or the issuance and delivery of a certificate or notice extending the coverage of the policy beyond its original term. See Maine Revised Statutes Title 24-A Sec. 2912
If an insured obtains a 2nd policy which provides equal or more extensive coverage for any vehicle designated in both policies, the first policy’s coverage of such vehicle may be terminated by failure to renew as of the effective time and date of the 2nd policy, whether or not the first policy insurer complies with all provisions of section 2917. [PL 1973, c. 339, §1 (NEW).]
SECTION HISTORY
PL 1973, c. 339, §1 (NEW). PL 1973, c. 439 (NEW). PL 1973, c. 625, §145 (RP).