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Virginia Code Title 46.2. Motor Vehicles § 46.2-1412. Insurable interest

Current as of January 01, 2025 | Updated by Findlaw Staff

A. Notwithstanding any provision of law to the contrary, a peer-to-peer vehicle sharing platform shall have an insurable interest in a shared vehicle during the vehicle sharing period.

B. A peer-to-peer vehicle sharing platform may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provides coverage for:

1. Liabilities assumed by the peer-to-peer vehicle sharing platform under a vehicle sharing platform agreement;

2. Any liability of the shared vehicle owner;

3. Damage or loss to the shared vehicle; or

4. Any liability of the shared vehicle driver.

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Cite this article: FindLaw.com - Virginia Code Title 46.2. Motor Vehicles § 46.2-1412. Insurable interest - last updated January 01, 2025 | https://codes.findlaw.com/va/title-46-2-motor-vehicles/va-code-sect-46-2-1412/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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