                                 CODE OF VIRGINIA

NOTICE OF CHANGE IN DEDUCTIBLE (§ 38.2-2127)

Whenever an insurer unilaterally changes the deductible under a policy written
to insure an owner-occupied dwelling, the insurer shall provide a written notice
that (i) explicitly states that the deductible has changed and (ii) explains how
the new deductible will be applied. Nothing in this section shall allow an
insurer to change a deductible except at renewal. This section shall apply to
all policies renewed in the Commonwealth on or after October 1, 2004.

HISTORY: 2004, c. 745.