Code of Virginia (Last Updated:July 28, 2020) |
TITLE 46.2. Motor Vehicles |
SUBTITLE II. Titling, Registration and Licensure |
CHAPTER 3. Licensure of Drivers |
ARTICLE 17. Motor Vehicle Liability Insurance Policies |
SECTION 46.2-480. Reimbursement of carrier and proration of insurance |
Any policy may provide: 1. That the insured, or any other person covered by the policy, shall reimburse the insurance carrier for payments made on account of any accident, claim, or suit involving a breach of the terms, provisions, or conditions of the policy; or 2. For proration of the insurance with other applicable valid and collectible insurance. Code 1950, § 46-499; 1958, c. 541, § 46.1-512; 1989, c. 727. |