{"data":{"id":"us-wi/wis.-stat.-632.07","jurisdiction":"us-wi","citation":"Wis. Stat. § 632.07","heading":"Prohibiting requiring property insurance in excess of replacement value.","body":"A lender may not require a borrower, as a condition of receiving or maintaining a loan secured by real property, to insure the property against risks to improvements on the real property in an amount that exceeds the replacement value or market value of the improvements, whichever is greater.","path":["Chs. 600-655, Insurance","Chapter 632 Insurance Contracts In Specific Lines","SUBCHAPTER I FIRE AND OTHER PROPERTY INSURANCE"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/632.07","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:31Z","sha256":"2c3562a06f6642ae54eced68cff67b1ab2a652d848b0787a8b4febd343f3a098","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-632.05","next":"us-wi/wis.-stat.-632.08"},"notice":"GroundRules: Original legal text. Not legal advice."}