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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Virginia Code Title 65.2. Workers' Compensation § 65.2-813.1. Insurers offering policies with deductibles - last updated January 01, 2025 | https://codes.findlaw.com/va/title-65-2-workers-compensation/va-code-sect-65-2-813-1/
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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