Section 27-7-13-1 - Applicability of chapter; exceptions(a) This chapter applies to policies of insurance covering risks to property located in Indiana that are issued or renewed after December 31, 2001, and that insure against loss of or damage to:(1) real property consisting of not more than four (4) residential units, one (1) of which is the principal place of residence of the named insured; or(2) personal property: (A) in which the named insured has an insurable interest; and(B) that is used within a residential dwelling for personal, family, or household purposes.(b) This chapter does not apply to the following: (1) A policy of inland marine insurance.(2) An automobile insurance policy under IC 27-7-6.(3) A commercial property and casualty insurance policy under IC 27-1-31.As added by P.L. 203-2001, SEC.11.