§ 38.2-2100. Application of chapter
This chapter applies only to contracts or policies of fire insurance, and contracts or policies of fire insurance in combination with other insurance coverages. 1986, c. 562.
§ 38.2-2101. Policies shall conform to provisions of this chapter
No insurance policy or contract on any property in this Commonwealth shall be issued or delivered in this Commonwealth unless the policy or contract meets the requirements of this chapter. Code 1950, § 38-177; 1952, c. 317, § 38.1-363; 1986, c. 562.
§ 38.2-2102. Excluding loss or damage caused by nuclear reaction, nuclear radiation, or radioactive contamination
A. The standard policy of fire insurance prescribed by this chapter shall not cover loss or damage caused by nuclear reaction, nuclear radiation, or radioactive contamination, whether resulting directly or indirectly from a peril insured under the policy. Insurers issuing the standard policy of fire insurance are authorized to affix to the policy or include […]
§ 38.2-2103. Information to be printed on policy
There shall be prominently printed on every policy issued on property in this Commonwealth (i) the name of the insurer issuing the policy, (ii) the location of the home office of the insurer, and (iii) a statement specifying whether the insurer is a stock company, a mutual company, a reciprocal insurer, or other form of […]
§ 38.2-2104. Standard insuring agreement for fire insurance policies
A. Each policy shall provide space for listing amounts of insurance, rates, and premiums for the coverages provided in the policy and endorsements attached to the policy, and shall show the location of the agency and the name and location of the insurer issuing the policy. Except as provided in § 38.2-2107, each policy shall […]
§ 38.2-2105. Standard provisions, conditions, stipulations and agreements for such policies
A. Except as provided in § 38.2-2107, each policy shall contain the following provisions, conditions, stipulations, and agreements: 1 Concealment, This entire policy shall be void, if whether 2 fraud. before or after a loss, the insured has wil- 3 fully concealed or misrepresented any ma- 4 terial fact or circumstance concerning this insurance or […]
§ 38.2-2106. Standard form for execution of policies
Except as provided in § 38.2-2107, each policy shall contain the following clause, which shall be used in executing and attesting the policy: IN WITNESS WHEREOF, this Company has executed and attested these presents Immediately following the execution clause a space shall be left for the signature of the officer or officers of the company […]
§ 38.2-2107. Commission may establish guidelines for filing readable fire insurance policy forms
A. The Commission may establish guidelines for the filing of simplified and readable policies of insurance. An insurer may issue a simplified and readable policy of insurance that deviates in language from the standard policy form provided for in §§ 38.2-2104, 38.2-2105, and 38.2-2106 if the deviating policy form is (i) in no respect less […]
§ 38.2-2108. Standards for content of fire insurance policies
A. The Commission may establish standards for the content of any policy or any rider, endorsement or other supplemental agreement or provision for use in connection with any policy written to insure owner-occupied dwellings which is to be issued or delivered in this Commonwealth. B. Following adoption of the standards of content and notwithstanding the […]
§ 38.2-2108.1. Commercial fire insurance policies; changes to amount of coverage
No insurer shall, after a new or renewal contract or policy of fire insurance or fire insurance in combination with other coverage that has been issued or delivered in the Commonwealth to insure commercial property located in the Commonwealth has been in effect for 60 days, initiate and issue any endorsement to the contract or […]
§ 38.2-2109. Execution of policies
The policy shall be executed by the proper officers of the insurer or insurers, whose signatures on the policy may be in facsimile. Code 1950, § 38-179; 1950, p. 993; 1952, c. 317, § 38.1-368; 1977, c. 313; 1986, c. 562.
§ 38.2-2110. Other matter permitted in the policy
The policy may contain information on the insurer, its officers and agents, the agent issuing the policy, the amount of insurance for each peril covered, the premium for each peril, and any other relevant matter not inconsistent or in conflict with the standard provisions for policies prescribed by this chapter. Code 1950, §§ 38-184, 38-185, […]
§ 38.2-2111. Special regulations to be added to policy
If the policy is issued by any insurer having special regulations for the payment of assessments by the insured, the regulations shall be printed upon and made a part of the policy. If the policy is issued by an insurer having other regulations appropriate to or required by its form of organization, those other regulations […]
§ 38.2-2112. Temporary insurance contracts; duration; what deemed to include
A. Oral or written binders or other temporary insurance contracts may be made and used for a period not exceeding sixty days pending the issuance of the policy, and shall be deemed to include all agreements and provisions set out in §§ 38.2-2104 and 38.2-2105 and all applicable endorsements designated in the temporary insurance contract. […]
§ 38.2-2113. Mailing or electronic delivery of notice of cancellation or refusal to renew
A. No written notice of cancellation of or refusal to renew a policy written to insure owner-occupied dwellings shall be effective when mailed or delivered electronically by an insurer unless the insurer complies with the applicable provisions of subdivisions 1, 2, and 3: 1. If the notice is mailed, proof of mailing a notice of […]
§ 38.2-2114. Grounds and procedure for termination of policy; contents of notice; review by Commissioner; exceptions; immunity from liability
A. Notwithstanding the provisions of § 38.2-2105, no policy or contract written to insure owner-occupied dwellings shall be canceled by an insurer unless written notice is mailed or delivered to the named insured at the address stated in the policy, or is delivered electronically to the address provided by the named insured, and cancellation is […]
§ 38.2-2114.1. Powers of Commission; replacement policies
Upon the verified petition of an insurer, where the petitioning insurer proposes to replace all or substantially all of its policies in another insurer, the Commission may relieve the insurer of the requirements of subsections B and C of § 38.2-2114 and of the mailing requirements of § 38.2-2113; provided the insurer demonstrates to the […]
§ 38.2-2115. Discrimination in issuance of fire insurance
No insurer or agent shall refuse to issue a policy solely because of any one or more of the following factors: the age, sex, residence, race, color, creed, national origin, ancestry, marital status, sexual orientation, gender identity, or lawful occupation, including the military service, of the person seeking insurance. Nothing in this section prohibits any […]
§ 38.2-2116. Policies issued by two or more insurers
A. With the consent of the Commission, two or more licensed insurers may jointly issue a policy, using a distinctive title that is prominently printed on the policy followed by the names and the home office addresses of the insurers obligated under the policy. The policy shall be executed by the proper officers of each […]
§ 38.2-2117. Approval of forms or provisions for additional coverage
The Commission may approve and authorize the use of appropriate forms or provisions contained in supplemental contracts or extended coverage endorsements used in connection with policies on property in this Commonwealth to provide coverage for one or more perils in addition to the perils covered by the standard insuring agreement and standard provisions prescribed in […]