Indiana § 27-2-24-5 - "Innocent coinsured"

Full text of Indiana Indiana Code § 27-2-24-5 — "Innocent coinsured", with citation guidance and answers to common questions.

§ 27-2-24-5. "Innocent coinsured"

Sec. 5. As used in this chapter, "innocent coinsured" means an individual who:

(1) is insured under a policy of property or casualty insurance;

(2) did not have knowledge of, cooperate in, or intentionally contribute to a property loss that was caused or arranged by another individual who:

(A) is also insured under the policy of property or casualty insurance; and

(B) either:

(i) died; or

(ii) has been charged with a crime based on a court finding that there is probable cause to believe that the individual committed the crime;

in connection with the circumstances that caused the property loss;

(3) signs a sworn affidavit attesting that the individual did not have knowledge of, cooperate in, or intentionally contribute to the property loss; and

(4) cooperates in:

(A) the investigation and resolution of the claim for the property loss;

(B) any police investigation related to the property loss; and

(C) any criminal prosecution of the individual that caused or arranged the property loss.

As added by P.L.148-2017, SEC.8.

Frequently Asked Questions About Indiana § 27-2-24-5

What does Indiana Code § 27-2-24-5 cover?

Section 27-2-24-5 (""Innocent coinsured"") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 27-2-24-5?

A common citation format is "Indiana Code § 27-2-24-5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 27-2-24-5 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.