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2018 New Mexico Statutes
Chapter 59A - Insurance Code
Article 7 - Kinds of Insurance; Limits of Risk; Reinsurance
Section 59A-7-4 - Property.

Universal Citation: NM Stat § 59A-7-4 (2018)
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59A-7-4. Property.

Property includes:

A. aircraft cargo;

B. aircraft hull;

C. auto commercial physical damage;

D. baggage;

E. builders risk;

F. business owners;

G. cargo;

H. commercial inland marine;

I. commercial multi-peril;

J. commercial property;

K. crop;

L. crop hail;

M. difference in conditions;

N. dwelling;

O. earthquake;

P. event cancellation;

Q. extended coverages;

R. farm and ranch property;

S. fire and allied lines;

T. flood;

U. garage;

V. marine cargo;

W. marine hull;

X. ocean marine;

Y. personal inland marine;

Z. personal property;

AA. pet insurance;

BB. travel coverage; and

CC. similar products relating to property matters.

History: Laws 1984, ch. 127, § 110; 1978 Comp., § 59A-7-4, repealed and reenacted by Laws 2016, ch. 89, § 7.

ANNOTATIONS

Repeals and reenactments. — Laws 2016, ch. 89, § 7 repealed 59A-7-4 NMSA 1978, and enacted a new section, effective July 1, 2017.

Severability. — Laws 2016, ch. 89, § 71 provided that if any part or application of Laws 2016, ch. 89 is held invalid, the remainder or its application to other situations or persons shall not be affected.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 43 Am. Jur. 2d Insurance §§ 468 to 503.

Liability insurance: when is vehicle in "dead storage," 48 A.L.R.4th 591.

Theft and vandalism insurance: coinsured's misconduct as barring innocent coinsured's right to recover on policy, 64 A.L.R.4th 714.

Property damage insurance: what constitutes "contamination" within policy clause excluding coverage, 72 A.L.R.4th 633.

What is "flood" within exclusionary clause of property damage policy, 78 A.L.R.4th 817.

Construction and effect of provisional or monthly reporting inventory insurance, 81 A.L.R.4th 9.

Construction and effect of property insurance provision permitting recovery of replacement cost of property, 1 A.L.R.5th 817.

Requirement under property insurance policy that insured submit to examination under oath as to loss, 16 A.L.R.5th 412.

What constitutes "vacant land" within meaning of liability of property insurance policy provisions, 47 A.L.R.5th 535.

What constitutes "suit" triggering insurer's duty to defend environmental claims-state cases, 48 A.L.R.5th 355.

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