                                 CODE OF VIRGINIA

INSURERS OFFERING POLICIES WITH DEDUCTIBLES (§ 65.2-813.1)

Every insurer against liability arising under this title offering and making
available policies in which the insured pays a deductible, without regard to
amount and including such policies with deductibles of $1,000 or less, shall
provide in such policies that (i) the insurer shall pay all of the deductible
amount applicable to a compensable claim under this title to the person or
provider entitled thereto, (ii) the insurer shall then obtain reimbursement from
the policyholder for the applicable deductible amount, and (iii) failure to
reimburse deductible amounts by the policyholder to the insurer will result in
the cancellation of the deductible endorsement.

HISTORY: 1995, c. 237.