{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-122.2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-122.2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-122.2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-122.2.html"}],"law_id":69580,"edition_id":1,"section_id":69580,"structure_id":13746,"section_number":"38.2-122.2","catch_line":"Credit property insurance","history":"2000, c. 526.","full_text":"&#8220;Credit property insurance&#8221; means insurance against direct physical damage to personal household property used as security for a loan or other credit transaction. Such insurance may insure the creditor as sole beneficiary or may insure both the creditor and the debtor with the creditor as primary beneficiary and the debtor as beneficiary of proceeds not paid to the creditor. For purposes of this definition, &#8220;personal household property&#8221; does not include motor vehicles, mobile homes, or watercraft. The term &#8220;credit property insurance&#8221; shall not mean any insurance defined in \u00a7 38.2-122.","order_by":null,"text":{"0":{"id":251553,"text":"&#8220;Credit property insurance&#8221; means insurance against direct physical damage to personal household property used as security for a loan or other credit transaction. Such insurance may insure the creditor as sole beneficiary or may insure both the creditor and the debtor with the creditor as primary beneficiary and the debtor as beneficiary of proceeds not paid to the creditor. For purposes of this definition, &#8220;personal household property&#8221; does not include motor vehicles, mobile homes, or watercraft. The term &#8220;credit property insurance&#8221; shall not mean any insurance defined in \u00a7 38.2-122.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13746,"edition_id":1,"name":"Insurance Classified and Defined","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":13745,"metadata":{},"date_created":"2026-06-26 03:45:45","date_modified":"2026-06-26 03:45:45","permalink":{"id":210675,"object_type":"structure","relational_id":13746,"identifier":"2","token":"38.2\/1\/2","url":"\/38.2\/1\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13745,"edition_id":1,"name":"General Provisions","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:45:45","date_modified":"2026-06-26 03:45:45","permalink":{"id":210663,"object_type":"structure","relational_id":13745,"identifier":"1","token":"38.2\/1","url":"\/38.2\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":72897,"structure_id":13746,"section_number":"38.2-101","catch_line":"Classification of insurance","url":"\/38.2-101\/","token":"38.2\/1\/2\/38.2-101","metadata":false},{"id":57209,"structure_id":13746,"section_number":"38.2-102","catch_line":"Life","url":"\/38.2-102\/","token":"38.2\/1\/2\/38.2-102","metadata":false},{"id":76182,"structure_id":13746,"section_number":"38.2-103","catch_line":"Credit life","url":"\/38.2-103\/","token":"38.2\/1\/2\/38.2-103","metadata":false},{"id":67449,"structure_id":13746,"section_number":"38.2-104","catch_line":"Industrial life","url":"\/38.2-104\/","token":"38.2\/1\/2\/38.2-104","metadata":false},{"id":57228,"structure_id":13746,"section_number":"38.2-105","catch_line":"Variable life","url":"\/38.2-105\/","token":"38.2\/1\/2\/38.2-105","metadata":false},{"id":62859,"structure_id":13746,"section_number":"38.2-105.1","catch_line":"Modified guaranteed life insurance","url":"\/38.2-105.1\/","token":"38.2\/1\/2\/38.2-105.1","metadata":false},{"id":87220,"structure_id":13746,"section_number":"38.2-106","catch_line":"Annuities","url":"\/38.2-106\/","token":"38.2\/1\/2\/38.2-106","metadata":false},{"id":73424,"structure_id":13746,"section_number":"38.2-106.1","catch_line":"Charitable gift annuities","url":"\/38.2-106.1\/","token":"38.2\/1\/2\/38.2-106.1","metadata":false},{"id":64558,"structure_id":13746,"section_number":"38.2-107","catch_line":"Variable annuity","url":"\/38.2-107\/","token":"38.2\/1\/2\/38.2-107","metadata":false},{"id":56142,"structure_id":13746,"section_number":"38.2-107.1","catch_line":"Modified guaranteed annuity","url":"\/38.2-107.1\/","token":"38.2\/1\/2\/38.2-107.1","metadata":false},{"id":67077,"structure_id":13746,"section_number":"38.2-107.2","catch_line":"Private family leave insurance","url":"\/38.2-107.2\/","token":"38.2\/1\/2\/38.2-107.2","metadata":false},{"id":62263,"structure_id":13746,"section_number":"38.2-108","catch_line":"Credit accident and sickness","url":"\/38.2-108\/","token":"38.2\/1\/2\/38.2-108","metadata":false},{"id":75359,"structure_id":13746,"section_number":"38.2-109","catch_line":"Accident and sickness","url":"\/38.2-109\/","token":"38.2\/1\/2\/38.2-109","metadata":false},{"id":56505,"structure_id":13746,"section_number":"38.2-110","catch_line":"Fire","url":"\/38.2-110\/","token":"38.2\/1\/2\/38.2-110","metadata":false},{"id":73309,"structure_id":13746,"section_number":"38.2-111","catch_line":"Miscellaneous property and casualty","url":"\/38.2-111\/","token":"38.2\/1\/2\/38.2-111","metadata":false},{"id":78163,"structure_id":13746,"section_number":"38.2-112","catch_line":"Water damage","url":"\/38.2-112\/","token":"38.2\/1\/2\/38.2-112","metadata":false},{"id":73509,"structure_id":13746,"section_number":"38.2-113","catch_line":"Burglary and theft","url":"\/38.2-113\/","token":"38.2\/1\/2\/38.2-113","metadata":false},{"id":58243,"structure_id":13746,"section_number":"38.2-114","catch_line":"Glass insurance","url":"\/38.2-114\/","token":"38.2\/1\/2\/38.2-114","metadata":false},{"id":73597,"structure_id":13746,"section_number":"38.2-115","catch_line":"Boiler and machinery","url":"\/38.2-115\/","token":"38.2\/1\/2\/38.2-115","metadata":false},{"id":65377,"structure_id":13746,"section_number":"38.2-116","catch_line":"Animal","url":"\/38.2-116\/","token":"38.2\/1\/2\/38.2-116","metadata":false},{"id":83683,"structure_id":13746,"section_number":"38.2-117","catch_line":"Personal injury liability","url":"\/38.2-117\/","token":"38.2\/1\/2\/38.2-117","metadata":false},{"id":58741,"structure_id":13746,"section_number":"38.2-118","catch_line":"Property damage liability","url":"\/38.2-118\/","token":"38.2\/1\/2\/38.2-118","metadata":false},{"id":80898,"structure_id":13746,"section_number":"38.2-119","catch_line":"Workers' compensation and employers' 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insurance","url":"\/38.2-122.2\/","token":"38.2\/1\/2\/38.2-122.2","metadata":false},{"id":54747,"structure_id":13746,"section_number":"38.2-123","catch_line":"Title","url":"\/38.2-123\/","token":"38.2\/1\/2\/38.2-123","metadata":false},{"id":66976,"structure_id":13746,"section_number":"38.2-124","catch_line":"Motor vehicle","url":"\/38.2-124\/","token":"38.2\/1\/2\/38.2-124","metadata":false},{"id":66153,"structure_id":13746,"section_number":"38.2-125","catch_line":"Aircraft","url":"\/38.2-125\/","token":"38.2\/1\/2\/38.2-125","metadata":false},{"id":63990,"structure_id":13746,"section_number":"38.2-126","catch_line":"Marine","url":"\/38.2-126\/","token":"38.2\/1\/2\/38.2-126","metadata":false},{"id":65571,"structure_id":13746,"section_number":"38.2-127","catch_line":"Legal services insurance","url":"\/38.2-127\/","token":"38.2\/1\/2\/38.2-127","metadata":false},{"id":69932,"structure_id":13746,"section_number":"38.2-128","catch_line":"Mortgage guaranty 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losses","url":"\/38.2-133\/","token":"38.2\/1\/2\/38.2-133","metadata":false},{"id":74943,"structure_id":13746,"section_number":"38.2-134","catch_line":"Definitions to include other insurance of same general kind","url":"\/38.2-134\/","token":"38.2\/1\/2\/38.2-134","metadata":false}],"previous_section":{"id":69638,"structure_id":13746,"section_number":"38.2-122.1","catch_line":"Credit involuntary unemployment insurance","url":"\/38.2-122.1\/","token":"38.2\/1\/2\/38.2-122.1","metadata":false},"next_section":{"id":54747,"structure_id":13746,"section_number":"38.2-123","catch_line":"Title","url":"\/38.2-123\/","token":"38.2\/1\/2\/38.2-123","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-122.2\/","history_text":"<p>This law was first created in 2000. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?001+ful+CHAP0526\">526<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":82832,"section_number":"38.2-122","catch_line":"Credit","order_by":null,"url":"\/38.2-122\/"},{"id":67482,"section_number":"38.2-1800","catch_line":"Definitions","order_by":null,"url":"\/38.2-1800\/"},{"id":63256,"section_number":"38.2-1857.1","catch_line":"Property and casualty insurance agents may be licensed as surplus lines brokers for certain insurance from eligible nonadmitted insurers","order_by":null,"url":"\/38.2-1857.1\/"},{"id":54564,"section_number":"38.2-2001","catch_line":"Insurance to which chapter applies","order_by":null,"url":"\/38.2-2001\/"},{"id":84169,"section_number":"38.2-233","catch_line":"Credit involuntary unemployment insurance; credit property insurance; disclosure and readability","order_by":null,"url":"\/38.2-233\/"},{"id":77188,"section_number":"38.2-317","catch_line":"Delivery and use of certain policies and endorsements","order_by":null,"url":"\/38.2-317\/"},{"id":61655,"section_number":"38.2-415","catch_line":"Assessment to fund program to reduce losses from insurance fraud","order_by":null,"url":"\/38.2-415\/"},{"id":58581,"section_number":"38.2-4805.2","catch_line":"Definitions","order_by":null,"url":"\/38.2-4805.2\/"},{"id":68759,"section_number":"38.2-513.1","catch_line":"Insurance sales by depository institutions and other lending institutions","order_by":null,"url":"\/38.2-513.1\/"},{"id":64445,"section_number":"52-36","catch_line":"Definitions","order_by":null,"url":"\/52-36\/"}],"refers_to":[{"id":82832,"section_number":"38.2-122","catch_line":"Credit","order_by":null,"url":"\/38.2-122\/"}],"permalink":{"id":210785,"object_type":"law","relational_id":69580,"identifier":"38.2-122.2","token":"38.2\/1\/2\/38.2-122.2","url":"\/38.2-122.2\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-122.2\/","token":"38.2\/1\/2\/38.2-122.2","dublin_core":{"Title":"Credit property insurance","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-122.2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>&#8220;Credit property <span class=\"dictionary\">insurance<\/span>&#8221; means <span class=\"dictionary\">insurance<\/span> against direct physical damage to personal household property used as security for a loan or other credit transaction. Such <span class=\"dictionary\">insurance<\/span> may insure the <span class=\"dictionary\">creditor<\/span> as sole beneficiary or may insure both the <span class=\"dictionary\">creditor<\/span> and the debtor with the <span class=\"dictionary\">creditor<\/span> as primary beneficiary and the debtor as beneficiary of proceeds not paid to the <span class=\"dictionary\">creditor<\/span>. For purposes of this definition, &#8220;personal household property&#8221; does not include motor vehicles, mobile homes, or watercraft. The term &#8220;credit property <span class=\"dictionary\">insurance<\/span>&#8221; shall not mean any <span class=\"dictionary\">insurance<\/span> defined in \u00a7&nbsp;<a class=\"law\" title=\"Credit\" href=\"\/38.2-122\/\">38.2-122<\/a>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCREDIT PROPERTY INSURANCE (\u00a7 38.2-122.2)\n\n&#8220;Credit property insurance&#8221; means insurance against direct physical\ndamage to personal household property used as security for a loan or other\ncredit transaction. Such insurance may insure the creditor as sole beneficiary\nor may insure both the creditor and the debtor with the creditor as primary\nbeneficiary and the debtor as beneficiary of proceeds not paid to the creditor.\nFor purposes of this definition, &#8220;personal household property&#8221; does\nnot include motor vehicles, mobile homes, or watercraft. The term &#8220;credit\nproperty insurance&#8221; shall not mean any insurance defined in \u00a7 38.2-122.\n\nHISTORY: 2000, c. 526.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}