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Current as of January 01, 2025 | Updated by Findlaw Staff
In addition to the provisions of Chapter 5 (§ 38.2-500) of this title, the Commission may order any home protection company or its representatives to cease and desist from engaging in the following unfair trade practices:
1. The making of any false or misleading statements, either oral or written, in connection with the sale, offer to sell, or advertisement of a home protection contract;
2. The omission of any material statement in connection with the sale, offer to sell, or advertisement of a contract that under the circumstances should have been made in order to make the statements that were made not misleading;
3. The making of any statement that the purchase of a home protection contract is mandatory;
4. The making of any false or misleading statements, either oral or written, about the benefits or services available under the contract;
5. The failure to perform the services promised under the contract in a timely, competent, or workmanlike manner; or
6. Any statement or practice which has the effect of creating or maintaining a fraud.
Cite this article: FindLaw.com - Virginia Code Title 38.2. Insurance § 38.2-2612. Unfair trade practices - last updated January 01, 2025 | https://codes.findlaw.com/va/title-38-2-insurance/va-code-sect-38-2-2612/
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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