Standard company; supplementation of chapter; limitation on types of insurance provided
Ind. Code § 27-5.1-3-1
in effectSec. 1. (a) This chapter supplements the requirements set forth for a standard company in IC 27-5.1-2.
(b) A standard company may not insure a policyholder of the farm mutual insurance company:
(1) against loss to a motor vehicle owned by the policyholder from peril;
(2) against liability resulting from the use of a motor vehicle owned by the policyholder;
(3) for property loss in connection with a specific loan or other credit transaction; or
(4) for personal, commercial, and farm liability.
As added by P.L.129-2003, SEC.8.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026