West Virginia House Bill 4472: Clarifying that commercial real property insurance policies may be underwritten for less than replacement cost value of the insured property

West Virginia · 2026 Regular Session

What it does

The purpose of this bill is to clarify that insurance policies covering commercial or industrial real property may be underwritten for any amount agreed-upon by the parties, even if that amount is less than the replacement cost value.

Latest action

To House Banking and Insurance (2026-01-29)

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