Sec. 3. An extended company may: (1) insure the property of policyholders of the extended company against loss or damage that is caused by: (A) fire; (B) windstorm; (C) causes specified under an extended coverage provision; and (D) other perils that are specified in the policy form; (2) insure the property of policyholders of the extended company against: (A) loss of use;
(B) loss of occupancy; (C) loss of rents; and (D) additional expenses; that result from direct loss or damage to covered property; and (3) provide other kinds of insurance that are approved by the commissioner. As added by P.L.129-2003, SEC.8.