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Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.20-260.Maximum coverage for loss or damage to structure

Current as of January 01, 2025 | Updated by Findlaw Staff

After July 15, 1986, no insurer shall deliver, issue for delivery or renew any policy or policies providing coverage for loss or damage to a structure located in this Commonwealth for an amount greater than one hundred percent (100%) of the replacement cost of the structure. For the purpose of this section, “structure” means any dwelling, building or fixture permanently affixed to realty, but does not include land, trees, plants or crops.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.20-260.Maximum coverage for loss or damage to structure - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxv-business-and-financial-institutions/ky-rev-st-sect-304-20-260/

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