§12–304.

    (a)    If an insurer issues and delivers a policy to a lender on property of a borrower that has been pledged, mortgaged, or is subject to a conditional contract of sale, the insurer must issue a certificate to the borrower or owner of the property in accordance with subsection (b) of this section.

    (b)    The certificate issued under this section shall set forth:

        (1)    the coverages provided in the policy;

        (2)    the amount of premium charged for the policy;

        (3)    the date the policy takes effect; and

        (4)    the date the policy expires.