Ohio Code § 3929.56

§ 3929.56.

(A)(1) Every insurer that offers basic property and homeowners insurance insuring on a direct

basis a structure located in the counties of Athens, Belmont, Carroll, Columbiana,

Coshocton, Gallia, Guernsey, Harrison, Hocking, Holmes, Jackson, Jefferson, Lawrence,

Mahoning, Meigs, Monroe, Morgan, Muskingum, Noble, Perry, Scioto, Stark, Trumbull,

Tuscarawas, Vinton, and Washington shall include mine subsidence coverage provided

by the Ohio mine subsidence insurance underwriting association in each policy of basic

property and homeowners insurance that is delivered, issued for delivery, or renewed

in any of such counties. (2)(a) Every insurer that offers basic property and homeowners insurance insuring on a direct

basis a structure located in the counties of Delaware, Erie, Geauga, Lake, Licking,

Medina, Ottawa, Portage, Preble, Summit, and Wayne shall offer to include, on an optional

basis, mine subsidence coverage provided by the association in each policy of basic

property and homeowners insurance that is delivered, issued for delivery, or renewed

in any such designated county. (b)(i) The board of county commissioners of a county listed in division (A)(2)(a) of this

section may adopt a resolution requiring insurers to provide mine subsidence insurance

in that county, as specified in division (A)(1) of this section.  Such a resolution shall remain in effect until the board of county commissioners

adopts a resolution to rescind the requirement. (ii) Every insurer that offers basic property and homeownership insurance insuring on

a direct basis a structure located in a county that adopts a resolution under division

(A)(2)(b)(i) of this section requiring mine subsidence insurance, shall include mine

subsidence coverage provided by the Ohio mine subsidence insurance underwriting association,

as specified in division (A)(1) of this section, on or before the date specified in

the resolution, or the first day of July of the first year that begins after the resolution

was adopted, whichever is later. (iii) Every insurer that offers basic property and homeownership insurance insuring on

a direct basis a structure located in a county that adopts a resolution under division

(A)(2)(b)(i) of this section to rescind a mine subsidence insurance requirement, shall

remove mine subsidence coverage provided by the Ohio mine subsidence insurance underwriting

association and instead offer to include such coverage, as specified in division (A)(2)(a)

of this section, on or before the date specified in the resolution, or the first day

of July of the first year that begins after the resolution was adopted, whichever

is later. (iv) A board of county commissioners that adopts a resolution under division (A)(2)(b)(i)

of this section, whether that resolution imposes a mine subsidence insurance requirement

or rescinds such a requirement, shall promptly provide a copy of the resolution to

the director of natural resources and the superintendent of insurance.  The director shall post a copy of that resolution to the web site of the department

of natural resources, and the superintendent shall post a copy of that resolution

on the web site of the department of insurance. (B) The premium charged for mine subsidence coverage shall be the same as the premium

level set by the plan of operation formulated pursuant to section 3929.53 of the Revised Code .  Any deductible shall be expressed in the mine subsidence coverage form as approved

by the mine subsidence insurance governing board and approved by the superintendent

of insurance, but at no time shall the deductible be less than two hundred fifty dollars

or more than five hundred dollars, and the total insured value reinsured by the association

shall not exceed three hundred thousand dollars.  This section does not preclude any insurance company from selling insurance coverage

under this section in excess of three hundred thousand dollars.