No. 38038 (5-year Review): Rule R590-245. Self-Service Storage Insurance  

  • DAR File No.: 38038
    Filed: 10/01/2013 03:52:36 PM

    NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

    Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

    Subsection 31A-2-201(3) allows the commissioner to write rules to implement the provisions of Title 31A. Also, H.B. 252, passed in 2009 General Legislative Session, after this rule was first promulgated, added Subsection 31A-23a-106(2)(c)(vii) specifying self-service storage insurance as a limited lines license.

    Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

    The department has not received any written comments regarding this rule in the past five years.

    Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

    The rule establishes the guidelines and standards for licensing in order to sell self-service storage insurance coverage in Utah. This coverage will be a benefit to those without personal property or tenant liability coverage through some other insurance policy, like a homeowner's insurance policy. Therefore, this rule should be continued.

    The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

    Insurance
    Administration
    Room 3110 STATE OFFICE BLDG
    450 N MAIN ST
    SALT LAKE CITY, UT 84114-1201

    Direct questions regarding this rule to:

    Authorized by:

    Todd Kiser, Commissioner

    Effective:

    10/01/2013


Document Information

Effective Date:
10/1/2013
Publication Date:
10/15/2013
Filed Date:
10/01/2013
Agencies:
Insurance,Administration
Authorized By:
Todd Kiser, Commissioner
DAR File No.:
38038
Related Chapter/Rule NO.: (1)
R590-245. Self-Service Storage Insurance.