Ark. Code Ann. § 23-79-168: Deductible based on percentage of insured value - Disclosure required
Where this section sits in the code
- AR Code
- Title 23
- Chapter 79
- Subchapter 1
A residential property insurance policy issued or renewed in this state that bases the deductible under the insurance policy for any loss, other than a loss due to an earthquake, on a percentage of the insured value of the insured property shall disclose to the insured the monetary amount of the deductible, other than for a loss due to an earthquake, on the policy declaration page or notice of renewal of the policy.
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