§ 401.24. Changes in coverage.
Additions in the amount of insurance may be made by completion of an amendment to the application by the insured after a reinspection of the property. Premiums for additions shall be prorated for the remainder of the insurance policy period in accordance with the current schedule of premium rates. The new amount of insurance will be effective immediately upon payment of the additional premium.
Authority The provisions of this § 401.24 amended under the act of August 23, 1961 (P. L. 1068, No. 484) (52 P. S. § § 3201—3225).
Source The provisions of this § 401.24 adopted December 10, 1971, effective January 1, 1972, 1 Pa.B. 2288; amended May 3, 1974, effective May 4, 1974, 4 Pa.B. 880; amended August 6, 1993, effective August 7, 1993, 23 Pa.B. 3687. Immediately preceding text appears at serial pages (156731) to (156732).
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