§ 19–305
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 19-305 (2026)
Title 19. Property and Casualty Insurance
Subtitle 3. Fire Insurance Application Act
§ 19–305LinkCopy Citation
(a)
(1)
The Commissioner shall adopt a two-tier antiarson application form that requires an applicant to complete a second-tier supplementary application if the initial first-tier application elicits certain predesignated answers.
(2)
In adopting the antiarson application form, the Commissioner shall consider generally recognized two-tier application forms.
(b)
An antiarson application shall include:
(1)
the name and address of the applicant, any mortgagee, and any other party with an ownership interest in the property to be insured;
(2)
the amount of insurance requested and the method of valuation used to establish that amount;
(3)
the dates and selling prices of the property to be insured in all real estate transactions involving the property during the 3-year period immediately preceding the date of the antiarson application;
(4)
the applicant’s history of losses during the 5-year period immediately preceding the date of the antiarson application with regard to any property:
(i)
in which the applicant held an interest, including a partnership or mortgage interest, that is substantial; and
(ii)
that sustained a fire loss exceeding 25% of the insured value;
(5)
all taxes that are unpaid or overdue for 1 or more years; and
(6)
the present occupancy of the property to be insured.