After July 15, 1986, no insurer shall deliver, issue for delivery or renew any policy or policies providing coverage for loss or damage to a structure located in this Commonwealth for an amount greater than one hundred percent (100%) of the replacement cost of the structure. For the purpose of this section, "structure" means any dwelling, building or fixture permanently affixed to realty, but does not include land, trees, plants or crops.
KRS 304.20-260
Maximum coverage for loss or damage to structure
Effective: July 15, 1986 History: Created 1986 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.