518A.26 Arbitration. No recovery on a policy or contract of insurance shall be defeated for failure of the insured to comply, after a loss occurs, with any arbitration or appraisement stipulation as to fixingthe value of property. No arbitration shall take place except substantially where the propertywas situated at the time of loss. Contracts of insurance to indemnify against loss by hail togrowing crops which stipulate for arbitration shall provide that the decision of the majorityof the arbitrators shall be final only as to the arbitration. [C31, 35, §9051-c1; C39, §9051.1; C46, 50, 54, 58, 62, §518.26; C66, 71, 73, 75, 77, 79, 81, §518A.26] Sat Dec 23 00:51:08 2023 Iowa Code 2024, Section 518A.26 (17, 0)
Iowa Legal Code