"Commercial multi-peril insurance" is a combination multi-peril policy written under the provisions of § 38.2-1921 insuring risks incident to a commercial enterprise containing any combination of the classes of insurance set forth in subsection A of § 38.2-1902, except insurance on or with respect to operating properties of railroads.
Va. Code Ann. § 38.2-132
Commercial multi-peril insurance
Applied in 1 court decision — leading case S. W. Heischman, Inc. v. Reliance Insurance (1993)
Most recently applied in S. W. Heischman, Inc. v. Reliance Insurance (March 1993)
1986, c. 562.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.