A property and casualty insurer may be licensed to transact home protection insurance as defined in § 38.2-129. An insurer licensed in this Commonwealth to transact the class of insurance defined by § 38.2-111 on July 1, 1986, may also transact home protection insurance without additional authority. No other provision of this chapter, except § 38.2-2606 and §§ 38.2-2608 through 38.2-2614, shall be applicable to the insurers, their businesses, or their home protection contracts.
1981, c. 530, §§ 38.1-933, 38.1-945; 1986, c. 562; 2006, c. 634; 2017, c. 727.
Structure Code of Virginia
Chapter 26 - Home Protection Companies
§ 38.2-2602. Limited applicability to certain insurers
§ 38.2-2603. License required; application; fee
§ 38.2-2604. Qualification for license; net worth; deposit of securities with State Treasurer
§ 38.2-2605. Expiration and renewal of license
§ 38.2-2606. Reserves required
§ 38.2-2607. Annual statements
§ 38.2-2609. Qualifications of agents
§ 38.2-2610. Cancellation of home protection contracts
§ 38.2-2611. Unfair discrimination
§ 38.2-2612. Unfair trade practices
§ 38.2-2613. Application of insurance laws
§ 38.2-2614. Fronting not permitted
§ 38.2-2615. Other insurance transactions prohibited