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Muskegon Sun

Tuesday, November 12, 2024

Michigan Department of Insurance and Financial Services Fire Insurance Withholding Program

Insurance01

City of Hart recently issued the following announcement.

The City of Hart has become a participating municipality in this program. It provides for the escrow of fire insurance as established by Act 495 of the Public Acts of 1980. The intention is to uniformly apply the provisions of Section 2845 or Section 2227 to all properties within the City of Hart in order to protect and promote the public health, safety and welfare.

These provisions of this act provide that a portion of certain casualty losses for fire or explosion otherwise payable by insurers may be withheld in escrow by our community in order to secure, repair, replace or remove damaged structures which violate the City of Hart health or safety standards.

Click here for a list of Michigan Municipalities Participating in the Fire Insurance Withholding Program.

Research Information

Code of Ordinances

Original source can be found here.

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