§ 64.35.425. Prohibited policy provisions -- Exclusions
(1) A qualified insurer must not include in a qualified warranty any provision that requires an owner or the association:
(a) To sign a release before repairs are performed under the qualified warranty; or
(b) To pay a deductible in excess of five hundred dollars for the repair of any defect in a unit covered by the qualified warranty, or in excess of the lesser of five hundred dollars per unit or ten thousand dollars in the aggregate for any defect in the common elements.
(2) All exclusions must be permitted by this chapter and stated in the qualified warranty.
[2004 c 201 § 901.]
Sections: Previous 64.35.325 64.35.330 64.35.335 64.35.405 64.35.410 64.35.415 64.35.420 64.35.425 64.35.505 64.35.510 64.35.515 64.35.520 64.35.525 64.35.605 64.35.610 NextLast modified: April 7, 2009