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Current as of January 01, 2025 | Updated by Findlaw Staff
A. No home protection contract shall be cancelable by the home protection company during the initial term for which it is issued, except for:
1. Nonpayment of premium;
2. Fraud or misrepresentation of facts material to the issuance of the contract; or
3. Contracts providing coverage prior to the time the residential property is purchased, provided that purchase of the property does not occur.
B. Nothing in this section establishes the right of a contract holder to renew any contract.
Cite this article: FindLaw.com - Virginia Code Title 38.2. Insurance § 38.2-2610. Cancellation of home protection contracts - last updated January 01, 2025 | https://codes.findlaw.com/va/title-38-2-insurance/va-code-sect-38-2-2610/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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