§ 65.2-813.1. Insurers offering policies with deductibles
Every insurer against liability arising under this title offering and making available policies in which the insured pays a deductible, without regard to amount and including such policies with deductibles of $1,000 or less, shall provide in such policies that (i) the insurer shall pay all of the deductible amount applicable to a compensable claim under this title to the person or provider entitled thereto, (ii) the insurer shall then obtain reimbursement from the policyholder for the applicable deductible amount, and (iii) failure to reimburse deductible amounts by the policyholder to the insurer will result in the cancellation of the deductible endorsement.
(1995, c. 237.)
Sections: Previous 65.2-807 65.2-808 65.2-809 65.2-810 65.2-811 65.2-812 65.2-813 65.2-813.1 65.2-813.2 65.2-814 65.2-815 65.2-816 65.2-817 65.2-818 65.2-819 NextLast modified: April 3, 2009