{"data":{"id":"us-ut/utah-code-70c-6-301","jurisdiction":"us-ut","citation":"Utah Code § 70C-6-301","heading":"Property insurance.","body":"(1) A creditor may not contract for or receive a separate charge for insurance against loss of or damage to property related to the credit transaction unless:\n(a) the insurance covers a significant risk of loss of or damage to the property;\n(b) the amount, terms, and conditions of the insurance are reasonable in relation to the character and value of the property insured or to be insured; and\n(c) the term of the insurance is reasonable in relation to the terms of credit.\n(2) The term of insurance is reasonable if it is customary and does not extend substantially beyond a scheduled maturity.","path":["Title 70C Utah Consumer Credit Code","Chapter 70C-6 Insurance","Part 70C-6-3 Property and Liability Insurance"],"source_url":"https://le.utah.gov/xcode/Title70C/Chapter6/70C-6-S301.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"689576bce84863de03fbd4f0a19adbfede76bd6d19727813cc2ee7b3395e7afe","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70c-6-203","next":"us-ut/utah-code-70c-6-302"},"notice":"GroundRules: Original legal text. Not legal advice."}