Alaska Statutes Sec. 21.60.020 - Replacement Insurance

By a contract of insurance of property or of any insurable interest in the property, the insurer may in connection with a special provision or endorsement made a part of the policy insure the cost of repair or replacement of the property, if damaged or destroyed by a hazard insured against, and without deduction of depreciation, subject to reasonable regulations that may be adopted by the director.

Section: Previous  21.60.010  21.60.020  

Last modified: November 15, 2016