(a) The Arkansas Earthquake Authority shall offer a residential earthquake policy with dwelling coverage in amounts up to one hundred thousand dollars ($100,000).
(b) Coverage for personal property and additional living expenses shall be provided as determined by the Board of the Arkansas Earthquake Authority in the plan of operation.
(c) The applicable deductible for this coverage shall be determined by the board in the plan of operation.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 102 - Arkansas Earthquake Authority Act
§ 23-102-102. Legislative findings and intent
§ 23-102-104. Establishment of Arkansas Earthquake Authority
§ 23-102-106. Immunity and limitations on liability
§ 23-102-107. Plan of operation — Suspension of operation — Dissolution
§ 23-102-109. Market Assistance Program
§ 23-102-110. Coverages accessible through Arkansas Earthquake Authority
§ 23-102-111. Administration of Arkansas Earthquake Authority
§ 23-102-113. Policy standards
§ 23-102-114. Notice and declination
§ 23-102-117. Federal or multistate catastrophic funds
§ 23-102-118. Exemption from Arkansas Property and Casualty Insurance Guaranty Act