Ind. Code § 32-29-1-2.5
Current through P.L. 171-2024
A mortgagee or a mortgagee's assignee or representative may not require a mortgagor, as a condition of receiving or maintaining a mortgage, to obtain hazard insurance coverage against risks to improvements on the mortgaged property in an amount exceeding the replacement value of the improvements.
IC 32-29-1-2.5