2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-2118. Required statement on insurance policies for owner-occupied dwellings


VA Code § 38.2-2118 (2014) What's This?

Each insurer writing insurance on owner-occupied dwellings and appurtenant structures with a replacement cost provision under the provisions of Chapter 19 (§ 38.2-1900 et seq.) of this title shall give each applicant for insurance a statement summarizing: (i) any minimum coverage requirement necessary for the replacement cost provision to be fully effective, and (ii) the effect on claim payment of not meeting the minimum coverage requirement.

1977, c. 530, § 38.1-279.49:1; 1986, c. 562.

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