Virginia Statutes

§ 38.2-2120 — Optional coverage to be offered with homeowner's policy

Virginia § 38.2-2120
JurisdictionVirginia
Title 38.2Insurance
Ch. 21Fire Insurance Policies

This text of Virginia § 38.2-2120 (Optional coverage to be offered with homeowner's policy) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 38.2-2120 (2026).

Text

A.Any insurer who issues or delivers a new or renewal homeowner's insurance policy in this Commonwealth shall offer as an option a provision insuring against loss caused or resulting from water which backs up through sewers or drains.
B.Any insurer who issues or delivers a new or renewal homeowner's insurance policy or a stand-alone policy that covers scheduled personal property in the Commonwealth shall offer in writing a provision providing coverage for the diminution in the value of any such scheduled personal property, if the schedule provides for the repair of such property. The diminution in value of the personal property shall be the amount, if any, by which the market value of the personal property immediately following the completion of repair of the damage to the personal prop

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

1974, c. 564, § 38.1-335.2; 1986, c. 562; 2016, c. 558; 2024, c. 547.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Virginia § 38.2-2120, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-2120.