Indiana Code Title 27. Insurance § 27-1-16.1-14

(1) The charges may be billed and collected by the self-storage facility.

(2) If the insurance cost is not included in the cost associated with the self-storage rental agreement, the insurance cost must be separately itemized on the insured customer's bill.

(3) If the insurance cost is included in the cost associated with the self-storage rental agreement, the self-storage facility shall clearly and conspicuously disclose to the insured customer that the self-storage insurance cost is included with the cost of the self-storage rental agreement.

(4) A self-storage facility that bills and collects the charges shall maintain collected funds in a segregated account unless the:

(5) All funds received by the self-storage facility from an insured customer as payment for the purchase of coverage under a self-storage insurance policy are considered to be funds held in trust by the self-storage facility in a fiduciary capacity for the benefit of the insurer.

(6) A self-storage facility may receive from an insurer or a supervising entity compensation for billing and collection services.  Compensation described in this subdivision may be dependent on the sale of self-storage insurance.