Va. Code § 38.2-2519

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-2519 - Classification of risks; rates

Any insurer writing mutual assessment property and casualty insurance may classify the property or risk insured in accordance with the risk or hazard to which the property is subject, and fix the rate of assessment or premium for that insurance in accordance with the classification.

Code 1950, § 38-531; 1952, c. 317, § 38.1-676; 1974, c. 244; 1986, c. 562.

Amended by Acts 1986, § c. 562.

Amended by Acts 1974, § c. 244.

Amended by Acts 1952, § c. 317, § 38.1-676.