Question: When the Minnesota FAIR Plan facility receives an application for coverage and an inspection report on a property located in Minnesota, the facility: A -

When the Minnesota FAIR Plan facility receives an application for coverage and an inspection report on a property located in Minnesota, the facility:
A-must issue a policy if the producer binds coverage
B - must issue a policy if a deposit payment accompanies the application
C - may reject the risk for reasons permitted by the statutes
D - may reject the risk if the applicant is not a Minnesota resident
When the Minnesota FAIR Plan facility receives an application for coverage

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