Del. Code tit. 18 § 4104

Current through 2024 Legislative Session Act Chapter 531
Section 4104 - Purpose

The purposes of this subchapter are:

(1) To assure stability in the property insurance market of this State;
(2) To make basic property insurance available for qualified property established by this section;
(3) To encourage maximum use in obtaining basic property insurance of the available, normal insurance market provided by the private property insurance industry;
(4) To provide for equitable distribution among authorized insurers of the responsibility for insuring qualified property for which basic property insurance cannot be obtained through the normal insurance market.

18 Del. C. § 4104

18 Del. C. 1953, § 4104; 56 Del. Laws, c. 468, § 2.;