Pub. L. 93-234, tit. I, sec. 101

increased limits of coverage

EnactedYear: 1973Length: 194 wordsOfficial source
increased limits of coverage Sec. 101. (a) Section 1806(b)(1)(A) of the National Flood Insurance Act of 1968 is amended to read as follows: “(A) in the case of residential properties— “(i) $85,000 aggregate liability for any single-family dwelling, and $100,000 for any residential structure containing more than one dwelling unit, “(ii) $10,000 aggregate liability per dwelling unit for any contents related to such unit, and “(iii) in the States of Alaska and Hawaii, and in the Virgin Islands and Guam, the limits provided in clause (i) of this sentence shall be: $50,000 aggregate liability for any single-family dwelling, and $150,000 for any residential structure containing more than one dwelling unit;”. 87 Stat. 978 (b) Section 1306(b) (1) (B) of such Act is amended by striking out “$30,000” and “$5,000” wherever they appear and inserting in lieu thereof “$100,000”. (c) Section 1306(b)(1)(C) of such Act is amended to read as follows: “(C) in the ease of church properties and any other properties which may become eligible for flood insurance under section 1305— “(i) $100,000 aggregate liability for any single structure, and “(ii) $100,000 aggregate liability per unit for any contents related to such unit; and.”
Pub. L. 93-234, tit. I, sec. 101: increased limits of coverage | Justis AI