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Virginia regulations · Through 2026 Regular Session (effective July 1, 2026)

14VAC5-400-90: Claims settlement standards applicable to property policies

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Where this section sits in the code
  1. Title 14. Insurance
  2. Agency 5. State Corporation Commission, Bureau of Insurance
  3. Chapter 400. Rules Governing Unfair Claim Settlement Practices

When an insurer prepares an estimate of the cost of repairs to property, the estimate shall be an amount for which the damage may reasonably be expected to be satisfactorily repaired. The insurer shall give a copy of the estimate to the claimant.

Collected 2026-09-14T04:52:02Z. Source file · JSON

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