CODE OF VIRGINIA OPTIONAL COVERAGE TO BE OFFERED WITH FIRE INSURANCE POLICY (ยง 38.2-2124) Any insurer that issues or delivers in this Commonwealth a new or renewal contract or policy of fire insurance, or a new or renewal contract or policy of fire insurance in combination with other insurance coverages, shall offer in writing as an option a provision that property will be repaired or replaced in accordance with applicable ordinances or laws that regulate construction, repair or demolition. HISTORY: 1993, c. 156.