Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 26-23-101: Overinsurance prohibited.

Where this section sits in the code

TITLE 26 - INSURANCE CODE
CHAPTER 23 - CASUALTY INSURANCE, SURETY INSURANCE AND TITLE INSURANCE
ARTICLE 1 - PROPERTY INSURANCE CONTRACTS

(a) No person shall buy insurance on property within this state for an amount which, together with any existing insurance, exceeds the fair value of the property or of the interest of the insured therein. This provision does not apply as to insurance of replacement value.

(b) Anyone who willfully violates this section is subject to the penalties provided in W.S. 26-1-107.

Collected 2026-09-04T00:16:32Z. Source file · JSON

Browse this collection