26.1-39-10. Property and casualty policies - Declination, cancellation, and nonrenewal - Scope

26.1-39-10. Property and casualty policies - Declination, cancellation, and nonrenewal - Scope. Sections 26.1-39-10 through 26.1-39-21 apply to insurance policies or risks located or resident in this state which are issued and take effect or which are renewed after July 1, 1983, and insure against any of the following: 1. Loss of or damage to real property which consists of not more than four residential units, one of which is the principal place of residence of the named insured. 2. Loss of or damage to personal property owned by the named insured or used for personal, family, or household purposes within a residential dwelling. 3. Legal liability of the named insured arising out of bodily injury to or death of any persons or damage to property, except bodily injury, death, or property damage arising out of business pursuits other than professional legal or medical services. Sections 26.1-39-10 through 26.1-39-21 do not apply to workforce safety and insurance policies, automobile policies, inland marine policies, insurance policies issued through a residual market mechanism, or policies primarily insuring risks arising from the conduct of a commercial or industrial enterprise. For purposes of sections 26.1-39-10 through 26.1-39-21, any policy period or term of less than six months is considered a policy period or term of six months and any policy period or term of more than one year or any policy with no fixed expiration date is considered a policy period or term of one year.