23.1-12-25. Coordination of benefits

23.1-12-25. Coordination of benefits If an owner or operator has an insurance policy that provides the same coverage as the fund, the department shall pay the share of the covered loss or damage for which the fund is responsible. The share that must be paid from the fund is equal to the proportion that the applicable limit of coverage under the fund bears to the limits of insurance of all insurance coverage on the same basis.