Property Insurance, Surety Insurance, Mortgage Guaranty Insurance and Title Insurers

What this document is

Arizona Revised Statutes Title 20, Chapter 6, Articles 7-9 - Property Insurance, Surety Insurance, Mortgage Guaranty Insurance and Title Insurers (Secs. 20-1501 through 20-1592) is a state statute published by Arizona State Legislature (azleg.gov). It is one of the Arizona documents that insurance license exam questions are written from, including arizona property & casualty, arizona personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• A.R.S. § 20-1503(A) (Arizona standard fire policy)

  “No policy of fire insurance covering property located in this state shall be made, issued or delivered unless it conforms as to all provisions and the sequence thereof with the basic policy commonly known as the New York standard fire policy, edition of 1943.”

• A.R.S. § 20-1507(B) (Riders; endorsements; additional perils)

  “Such forms of contracts, riders and endorsements may contain provisions and stipulations inconsistent with such standard fire insurance policy, if such provisions and stipulations are applicable only to such additional coverage or to the additional peril or perils insured against.”

• A.R.S. § 20-1510(A) (Homeowner's or renter's insurance; dog breeds; prohibitions; definitions)

  “The breed of a dog may not be the sole factor considered or used for any of the following purposes: 1. Underwriting or actuarial processes for determining risk, liability or actual or potential losses related to claims involving dogs under a policy of insurance. 2. Questionnaires, surveys or other...”

• A.R.S. § 20-1531 (Sole surety on official bonds)

  “When any such bond, recognizance or undertaking is required to be made with one surety or with two or more sureties, the execution of the bond, recognizance or undertaking, or the guarantee of the performance of the conditions thereof, shall be sufficient when so executed or guaranteed solely by...”

• A.R.S. § 20-1509 (Loss or damage caused by nuclear reaction, or nuclear radiation or radio active contamination not covered by Arizona standard fire policy)

  “however, subject to the foregoing and all provisions of the said policy, direct loss by fire resulting from nuclear reaction or nuclear radiation or radio-active contamination is insured against by such policy.”

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Questions about this source

More Arizona sources

• Ariz. Rev. Stat. s. 20-443: Misrepresentations and false advertising of policiesState statute
• Ariz. Rev. Stat. s. 20-295: License denial, suspension, or revocation; civil penaltyState statute
• Ariz. Rev. Stat. ss. 20-448, 20-452: Unfair discrimination and rebatesState statute
• Ariz. Rev. Stat. ss. 20-1203 to 20-1210: Standard life insurance policy provisionsState statute
• A.R.S. Title 20, Chapter 2, Article 2 - Unfair Trade Practices (Secs. 20-441 through 20-462)State statute
• Arizona Revised Statutes Title 20, Chapter 1 - General Provisions (Secs. 20-101 through 20-191)State statute
• Arizona Revised Statutes Title 20, Secs. 20-1001 onward - Prepaid Dental Plan Organizations and Related EntitiesState statute
• Arizona Revised Statutes Title 20, Secs. 20-1101 onward - The Insurance ContractState statute