Virginia § 46.2-436 Methods of proving financial responsibility

Virginia Statutes

§ 46.2-436 — Methods of proving financial responsibility

Virginia § 46.2-436

JurisdictionVirginia

Title 46.2Motor Vehicles

Subtitle IITitling, Registration and Licensure

Ch. 3Licensure of Drivers

Art. 15Proof of Financial Responsibility

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Bluebook

Va. Code Ann. § 46.2-436 (2026).

Text

Proof of financial responsibility when required under this chapter may be given by proof that:

1.A policy or policies of motor vehicle liability insurance have been obtained and are in full force;

2.A bond has been duly executed;

3.A deposit has been made of money or securities; or

4.A self-insurance certificate has been filed, all as provided in this chapter. Such proof shall be presented to the Department in a form prescribed by the Commissioner.

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Proof of financial responsibility when required under this chapter may be given by proof that:

1. A policy or policies of motor vehicle liability insurance have been obtained and are in full force;

2. A bond has been duly executed;

3. A deposit has been made of money or securities; or

4. A self-insurance certificate has been filed, all as provided in this chapter.

Such proof shall be presented to the Department in a form prescribed by the Commissioner.