Virginia Code 46.2-436: Methods of proving financial responsibility.
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Proof of financial responsibility when required under this chapter may be given by proof that:
Terms Used In Virginia Code 46.2-436
- Vehicle: means every device in, on or by which any person or property is or may be transported or drawn on a highway, except personal delivery devices and devices moved by human power or used exclusively on stationary rails or tracks. See Virginia Code 46.2-100
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.
Code 1950, § 46-456; 1958, c. 541, § 46.1-468; 1989, c. 727.