CODE OF VIRGINIA

LICENSURE OF LESSORS (§ 38.2-1882)

A. A lessor is required to hold a limited lines property and casualty insurance
agent license to sell or offer coverage under a policy of self storage
insurance.

B. A license issued under this article shall authorize any employee or
authorized representative of a licensed lessor to sell or offer self storage
insurance coverage under a policy of self storage insurance to a customer at
each location at which the lessor engages in self storage unit transactions.

C. The acts of a licensed lessor’s employee or authorized representative
offering to sell coverage under a policy of self storage insurance shall be
deemed to be the acts of the lessor and the insurer for purposes of this
article.

D. Every licensed lessor shall maintain a list of all locations in the
Commonwealth where the lessor offers coverage under a policy of self storage
insurance and shall make the list available to the Commissioner for inspection
upon request.

E. Notwithstanding any other provision of law, a license issued pursuant to this
article shall authorize the licensed lessor’s employees and authorized
representatives to engage only in those activities that are expressly permitted
in this article.

HISTORY: 2013, c. 203.