West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-21 - WV Essential Property Insurance Association
Section 114-21-11 - Application For Insurance and Policy Issuance

Universal Citation: 114 WV Code of State Rules 114-21-11

Current through Register Vol. XLI, No. 38, September 20, 2024

11.1. Method of application. An eligible applicant may authorize a producer to make application to the Association for essential property insurance coverage. The application shall be accompanied by proof, in such form as may be prescribed or approved by the Commissioner, of the applicant's effort and inability to obtain essential property insurance in the voluntary market.

11.2. Policy issuance. Upon approval by the Association of an application for coverage and upon receipt by the Association of the premium due, the Association shall issue a policy and a binding receipt. The Association may decline to issue a policy and binding receipt when the applicant owes premium monies to the Association for previous insurance coverage.

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