State statute · North Carolina

North Carolina General Statutes Chapter 58, Article 44

Property Insurance Policies (G.S. 58-44-1 through 58-44-120)

Publisher: North Carolina General Assembly
Edition: N.C. General Statutes, official ncleg.gov HTML by article. The publisher prints no...
Last checked: 2026-09-17
Status: US state statute

Edition and licensing notes

Edition. N.C. General Statutes, official ncleg.gov HTML by article. The publisher prints no currency statement on these pages; the latest session law referenced in the stripped history notes across this batch is S.L. 2026-14. Retrieved 2026-09-17.

Status. US state statute.

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What this document is

North Carolina General Statutes Chapter 58, Article 44 - Property Insurance Policies (G.S. 58-44-1 through 58-44-120) is a state statute published by North Carolina General Assembly. It is one of the North Carolina documents that insurance license exam questions are written from, including north carolina property & casualty, north carolina 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.

G.S. 58-44-45 (Policy issued to husband or wife on joint property)
“§ 58-44-45. Policy issued to husband or wife on joint property. Any policy of fire insurance issued to husband or wife, on buildings and household furniture owned by the husband and wife, either by entirety, in common, or jointly, either name of one of the parties in interest named as the insured...”
G.S. 58-44-16(f)(2) (Concealment or fraud)
“This entire policy shall be void if, whether before or after a loss, the insured has willfully concealed or misrepresented any material fact or circumstance concerning this insurance or the subject of this insurance, or the interest of the insured in the subject of this insurance, or in the case of...”
G.S. 58-44-16(f)(19) (Subrogation)
“This insurer may require from the insured an assignment of all rights of recovery against a party for loss to the extent that payment therefor is made by this insurer.”
G.S. 58-44-16(f)(18) (Suit)
“No suit or action on this policy for the recovery of any claim shall be sustainable in any court of law unless all the requirements of this policy have been complied with and unless commenced within three years after inception of the loss.”
G.S. 58-44-16(f)(4) (Perils not included)
“This insurer shall not be liable for loss by fire or other perils insured against in this policy caused, directly or indirectly, by enemy attack by armed forces, including action taken by military, naval, or air forces in resisting an actual or an immediately impending enemy attack; invasion;...”
G.S. 58-44-16(f)(16) (Abandonment)
“(16) Abandonment. - There can be no abandonment to this insurer of any property.”
G.S. 58-44-16(f)(11) (Mortgagee interests and obligations)
“(11) Mortgagee interests and obligations. - If loss is made payable, in whole or in part, to a designated mortgagee not named in this policy as the insured, such interest in this policy may be cancelled by giving to such a mortgagee a ten days' written notice of cancellation. If the insured fails...”
G.S. 58-44-16(f)(9) (Waiver provisions)
“(9) Waiver provisions. - No permission affecting this insurance shall exist, or waiver of any provision be valid, unless granted in this policy or expressed in writing added to this policy. No provision, stipulation, or forfeiture shall be held to be waived by any requirement or proceeding on the...”
G.S. 58-44-16(f)(3) (Uninsurable and excepted property)
“(3) Uninsurable and excepted property. - This policy shall not cover accounts, bills, currency, deeds, evidences of debt, money, or securities; nor, unless specifically named in this policy in writing, bullion or manuscripts.”
G.S. 58-44-16(f)(1) (General provisions)
“does insure the insured named in the declarations and legal representatives to the extent of the actual cash value of the property at the time of loss but not exceeding the amount that it would cost to repair or replace the property with material of like kind and quality within a reasonable time...”
G.S. 58-44-16(f)(10) (Cancellation of policy)
“(10) Cancellation of policy. - This policy shall be cancelled at any time at the request of the insured, in which case this insurer shall, upon demand and surrender of this policy, refund the excess of paid premium above any short rates for the expired time. This policy may be cancelled at any time...”
G.S. 58-44-16(f)(12) (Fire insurance policies; standard fire insurance policy provisions: Pro rata liability)
“(12) Pro rata liability. - This insurer shall not be liable for a greater proportion of any loss than the amount insured by this policy bears to all insurance covering the property against the peril involved, whether collectible or not.”

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Questions about this source

North Carolina General Statutes Chapter 58, Article 44 - Property Insurance Policies (G.S. 58-44-1 through 58-44-120) is a state statute published by North Carolina General Assembly. Edition: N.C. General Statutes, official ncleg.gov HTML by article. The publisher prints no currency statement on these pages; the latest session law referenced in the stripped history notes across this batch is S.L. 2026-14. Retrieved 2026-09-17..

No. This page summarizes the document and links to the official version. Always rely on the text published by North Carolina General Assembly for the current law.

Practice questions for North Carolina Property & Casualty, North Carolina Personal Lines cite this document.

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