Provisions Relating to Insurance Policies and Contracts
Code of Virginia Title 38.2 Chapter 3, §§ 38.2-300 through 38.2-326, 29 sections
Edition and licensing notes
Publisher. Virginia General Assembly, Division of Legislative Automated Systems (Virginia Law Portal, law.lis.virginia.gov)
Edition. Code of Virginia as published by the Virginia Law Portal, whose own currency label on the table of contents is "2026 Updates"; the page's printed date stamp reads 9/17/2026. The portal prints no other currency statement. Retrieved 2026-09-17.
Status. US state statute.
What this document is
Code of Virginia Title 38.2 Chapter 3 - Provisions Relating to Insurance Policies and Contracts (§§ 38.2-300 through 38.2-326, 29 sections) is a state statute published by Virginia General Assembly, Division of Legislative Automated Systems (Virginia Law Portal, law.lis.virginia.gov). It is one of the Virginia documents that insurance license exam questions are written from, including virginia property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Va. Code Sec. 38.2-309 (When answers or statements of applicant do not bar recovery on policy)
“All statements, declarations and descriptions in any application for an insurance policy or for the reinstatement of an insurance policy shall be deemed representations and not warranties. No statement in an application or in any affidavit made before or after loss under the policy shall bar a...”
- Va. Code Sec. 38.2-303 (Insurable interest required; property insurance)
“A. No insurance contract on property or on any interest therein or arising therefrom shall be enforceable except for the benefit of persons having an insurable interest in the property insured. B. As used in this section, "insurable interest" means any lawful and substantial economic interest in...”
- Va. Code Sec. 38.2-310(A) (All fees, charges, etc., to be stated in policy)
“A. All fees, charges, premiums or other consideration charged for the insurance or for the procurement of insurance shall be stated in the policy except in the case of fidelity, surety, title, and group insurance, and except for consulting services as provided in Article 4 (§ 38.2-1837 et seq.) of...”
- Va. Code Sec. 38.2-315 (Intervening breach)
“If any breach of warranty or condition in any insurance contract covering property located in this Commonwealth occurs prior to a loss under the contract, the breach shall not void the contract nor permit the insurer to avoid liability unless the breach existed at the time of the loss.”
- Va. Code Sec. 38.2-319 (Validity of contracts in violation of law)
“Any insurance contract made in violation of the laws of this Commonwealth may be enforced against the insurer.”
Practice this material
Questions about this source
More Virginia sources
- Virginia Code s. 38.2-1809 - Records; fiduciary duties of agentsState statute
- Virginia Code s. 38.2-1822 - License required; agentsState statute
- Virginia Code s. 38.2-1826 - Reporting of actions; agentsState statute
- Virginia Code s. 38.2-1831 - Prohibited practices; grounds for license refusal, suspension, or revocationState statute
- Virginia Code s. 38.2-1833 - Appointment of agentsState statute
- Virginia Code s. 38.2-1834 - Termination of agent appointmentState statute
- Virginia Code s. 38.2-1837 - Appointment of agentsState statute
- Virginia Code s. 38.2-1845 - Continuing educationState statute