Iowa § 518A.26 Arbitration

Iowa Statutes

§ 518A.26 — Arbitration

Iowa § 518A.26

Title XIIICOMMERCE

Ch. 518ASTATE MUTUAL INSURANCE ASSOCIATIONS

This text of Iowa § 518A.26 (Arbitration) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 518A.26 (2026).

Text

No recovery on a policy or contract of insurance shall be defeated for failure of the insured
to comply, after a loss occurs, with any arbitration or appraisement stipulation as to fixing
the value of property. No arbitration shall take place except substantially where the property
was situated at the time of loss. Contracts of insurance to indemnify against loss by hail to
growing crops which stipulate for arbitration shall provide that the decision of the majority
of the arbitrators shall be final only as to the arbitration.

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No recovery on a policy or contract of insurance shall be defeated for failure of the insured
to comply, after a loss occurs, with any arbitration or appraisement stipulation as to fixing
the value of property. No arbitration shall take place except substantially where the property
was situated at the time of loss. Contracts of insurance to indemnify against loss by hail to
growing crops which stipulate for arbitration shall provide that the decision of the majority
of the arbitrators shall be final only as to the arbitration.