RSA 402-O:2 · Licensure of Owners

402-O:2 Licensure of Owners. –

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I.

An owner shall hold a limited lines license to sell or offer coverage for self-service storage insurance at any location in this state. An owner is not required to hold a license solely to display and make available to renters and prospective renters brochures and other promotional materials created by or on behalf of an authorized insurer or surplus lines insurer.

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II.

A limited lines license issued under this chapter shall authorize the owner and the employees and authorized representatives of the owner to sell and offer coverage for self-service storage insurance to renters at each location at which the owner conducts business.

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III.

The supervising entity shall maintain a registry of each location at which the owner sells or offers self-service storage insurance in this state.

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IV.

Notwithstanding any other provision of law, a license issued pursuant to this chapter shall authorize the licensee and its employees and authorized representatives to engage in those activities that are permitted in this chapter.

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V.

Owners, and their employees and authorized representatives, are exempt from all examination and education requirements under RSA 402-J in regard to self-service storage insurance. Source. 2021, 119:2, Pt. III, Sec. 1, eff. Jan. 1, 2022.

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