                                 CODE OF VIRGINIA

COMMISSION MAY ESTABLISH GUIDELINES FOR FILING READABLE FIRE INSURANCE POLICY
FORMS (§ 38.2-2107)

A. The Commission may establish guidelines for the filing of simplified and
readable policies of insurance. An insurer may issue a simplified and readable
policy of insurance that deviates in language from the standard policy form
provided for in &#xA7;&#xA7; 38.2-2104, 38.2-2105, and 38.2-2106 if the
deviating policy form is (i) in no respect less favorable to the insured than
the standard policy form, and is (ii) approved by the Commission prior to
issuance.

B. Notwithstanding the pro rata liability provision included in &#xA7;
38.2-2105, such simplified and readable policies or endorsements may be issued
to apply on an excess basis if such provisions are clearly stated in the policy
form or endorsement.

HISTORY: 1977, c. 255, § 38.1-367.1; 1979, c. 176; 1986, c. 562; 2003, c. 930;
2013, c. 12.