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Subject Property, Perils, and Special Provisions

Summary: This discussion provides a summary of the provisions of the valued policy laws of those states that currently have such laws. The section number of the state statute (usually the insurance code) containing the valued policy provisions is referenced directly below the state name. Each state’s treatment includes the kind of property specified in the law as subject to the valued policy law; the perils to which the valued policy law applies; and other comments concerning special or noteworthy provisions or interpretations of that state’s valued policy law. See Valued Policy Laws for a further discussion.

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