To what types of policies does the new law (A.R.S. § 11-1025) apply?
To what types of policies does the new law (A.R.S. § 11-1025) apply?
The law defines “Policy of Insurance” as “a homeowner's or renter's policy of insurance.” Thus, it will apply to all types of HO policies: HO1, HO2, HO3, HO4 (renters), HO5, HO6 (condo), HO7 (manufactured home), and HO8. A policy of insurance does not include commercial, excess, or umbrella policies.