2007 Minnesota Statutes

67A.191 COMBINATION POLICIES.
    Subdivision 1. Qualified risks. A township mutual fire insurance company may issue an
insurance policy for qualified and secondary property as defined in section 67A.14, subdivision
1 , in combination with a policy issued by an insurer authorized to sell property and casualty
insurance in this state. The portions of the combination policy issued by a township mutual
insurance company are excluded from all provisions of the insurance laws of this state as provided
in section 67A.25, subdivision 2.
    Subd. 2. Homeowner's risks. A township mutual fire insurance company may issue
policies known as "homeowner's insurance" as defined in section 65A.27, subdivision 4, only in
combination with a policy issued by an insurer authorized to sell property and casualty insurance
in this state. All portions of the combination policy providing homeowner's insurance, including
those issued by a township mutual insurance company, shall be subject to the provisions of
chapter 65A.
History: 1994 c 564 s 1; 1998 c 297 s 1; 2004 c 202 s 2