Wyoming § 26-23-103 - Return of excess premium in certain cases of total destruction.
Full text of Wyoming Wyoming Statutes Annotated § 26-23-103 — Return of excess premium in certain cases of total destruction., with citation guidance and answers to common questions.
§ 26-23-103. Return of excess premium in certain cases of total destruction.
If the insured property is totally destroyed and the total amount of loss is less than the total amount insured thereon as to the hazard causing the loss, the insurer shall return to the insured at the time of payment of the loss the amount of premiums paid under the policy then in force for the excess of insurance over the fair value of the property at the time of the loss. This section does not apply to insurance of replacement value.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 26-23-103
What does Wyoming Statutes Annotated § 26-23-103 cover?
Section 26-23-103 ("Return of excess premium in certain cases of total destruction.") is part of the Wyoming Statutes Annotated, the codified statutory law of Wyoming. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wyoming § 26-23-103?
A common citation format is "Wyoming Statutes Annotated § 26-23-103" (Wyoming). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wyoming law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wyoming official source linked on this page or consult a licensed Wyoming attorney.
How does Wyoming § 26-23-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wyoming can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wyoming.