Ohio Revised Code

Ohio Rev. Code § 3933.04 (2026)

Sellers of real estate and personal property may require purchase of insurance from particular company

✓ current as of May 2026
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No person, firm, or corporation engaged in selling real or personal property, and no trustee, director, officer, agent, or other employee of any such person, firm, or corporation, shall require, as a condition precedent to the sale of such property, that the person, firm, or corporation purchasing the property negotiate any policy of insurance or renewal thereof covering the property through a particular insurance company, agent, solicitor, or broker. This section does not prevent the exercise by any person, firm, or corporation of its right to designate minimum standards as to the company, the terms and provisions of the policy, and the adequacy of the coverage with respect to insurance on property pledged or mortgaged to the person, firm, or corporation.

The superintendent of insurance shall, in accordance with Chapter 119. of the Revised Code, revoke the insurance license of any person, appointee, agent, solicitor, or broker that violates this section.

Notes of Decisions
Cited in 2 cases, 1992–1999 · leading case: Indep. Ins. v. Fabe, 587 N.E.2d 814 (Ohio 1992).
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Indep. Ins. v. Fabe, 587 N.E.2d 814 (Ohio 1992). “Coercive “tied-sales” are already prohibited by R.C. 3933.04. II Principal Purpose Test Pursuant to R.”
Ass'n of Banks in Ins., Inc. v. Duryee, 55 F. Supp. 2d 799 (S.D. Ohio 1999). “11, which permits a consumer to obtain credit insurance from any source, and Ohio Revised Code § 3933.04, which prohibits requiring a consumer to obtain insurance from a particular source as a prerequisite for a sale or loan.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.