2022 Louisiana Laws
Revised Statutes
Title 51 - Trade and Commerce
§51:452. Contract paid with insurance policy proceeds; notice required
RS 51:452 - Contract paid with insurance policy proceeds; notice required
A contract to provide goods or services that is reasonably expected to be paid wholly or partly with the proceeds from a claim under a property insurance policy and has a contract price of one thousand dollars or more shall contain the following notice in at least twelve-point boldfaced type: "Louisiana law requires a person insured under a property insurance policy to pay any deductible applicable to a claim made under the policy. It is a violation of Louisiana law for a seller of goods or services who reasonably expects to be paid wholly or partly from the proceeds of a property insurance claim to knowingly allow the insured person to fail to pay, or assist in the insured person's failure to pay, the applicable insurance deductible."
Acts 2022, No. 734, §2.
