Section 10. Scope and purpose

Latest version.

This chapter (14VAC5-340-10 et seq.) shall apply to any insurance company that is licensed to do business in this Commonwealth and is issuing fire policies or fire in combination with other coverages as set forth in §§ 38.2-1921, 38.2-2104, 38.2-2105 and 38.2-2106 of the Code of Virginia. The purpose of this chapter is to establish standards for the content of fire policies or fire in combination with other coverages.

Historical Notes

Derived from Regulation 17, Case No. INS800067, § 2, eff. February 1, 1982.

Statutory Authority

§§ 38.2-223 and 38.2-2108 of the Code of Virginia.

                    
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