Virginia Clause Addressing Compliance with Legal Requirements and Insurance Recommendations

State:
Multi-State
Control #:
US-OL13064
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Word; 
PDF
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Description

This office clause is a form dealing with compliance with legal requirements and insurance recommendations covering most all of the issues covered.

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FAQ

THE LAW HAS BEEN AMENDED TO REQUIRE INSURERS TO PROVIDE UNDERINSURED MOTORIST COVERAGE THAT PAYS ANY DAMAGES DUE TO AN INSURED IN ADDITION TO ANY BODILY INJURY OR PROPERTY DAMAGE LIABILITY THAT IS APPLICABLE TO THE INSURED'S DAMAGES.

Any person who takes from a person who has sustained a personal injury a signed written statement or voice recording of any statement relative to such injury shall deliver to such injured person a copy of such written statement forthwith or a verified typed transcription of such recording within 30 days from the date ...

Any person who takes from a person who has sustained a personal injury a signed written statement or voice recording of any statement relative to such injury shall deliver to such injured person a copy of such written statement forthwith or a verified typed transcription of such recording within 30 days from the date ...

Use Virginia Code Section 8.01-417(D) to Force the Insurer to Disclose Insurance Policy Limits in Motor Vehicle Accidents Resulting in Death. You can obtain insurance policy limits with a written request in wrongful death cases like claims based on car crashes resulting in bodily injury.

An insurance policy is a legal contract between the insurance company (the insurer) and the person(s), business, or entity being insured (the insured).

In Virginia, whether your potential case involves damage to real property (your house or your land, for example) or personal property (including vehicle damage), it must be filed within five years, ing to Code of Virginia section 8.01-243, which sets this time limit for "every action for injury to property."

Requirements of an Insurance Contract An insurance policy is based on the law of contracts. To be legally enforceable, an insurance contract must meet four basic requirements: offer and acceptance, exchange of consideration, competent parties, and legal purpose.

In Virginia, generally, the statute of limitations is two years for a personal injury and wrongful death actions.

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Virginia Clause Addressing Compliance with Legal Requirements and Insurance Recommendations