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State statute · Virginia

Proof of Financial Responsibility

Code of Virginia Title 46.2 Chapter 3 Article 15, §§ 46.2-435 through 46.2-463, 29 sections

Publisher
Virginia General Assembly, Division of Legislative Automated Systems
Edition
Code of Virginia as published by the Virginia Law Portal, whose own currency label on the...
Last checked
2026-09-17
Status
US state statute
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.

Read the official textPractice questions from this source

What this document is

Code of Virginia Title 46.2 Chapter 3 Article 15 - Proof of Financial Responsibility (§§ 46.2-435 through 46.2-463, 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, virginia personal lines 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. 46.2-436 (Methods of proving financial responsibility)
    “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...”
  • Va. Code 46.2-439 (Proof of financial responsibility in the future)
    “Proof of financial responsibility in the future shall be made by filing with the Commissioner the written certificate of any insurance carrier authorized to do business in the Commonwealth, certifying that there is in effect a motor vehicle liability policy for the benefit of the person required to...”
  • Va. Code Sec. 46.2-459 (When other proof of financial responsibility required; suspension pending furnishing of proof)
    “Whenever any proof of financial responsibility filed by any person under this chapter no longer fulfills the purpose for which required, the Commissioner shall require other proof of financial responsibility as required by this chapter and shall suspend the person's driver's license, registration...”

Practice this material

Virginia Property & Casualty practice testVirginia Personal Lines practice test

Questions about this source

Code of Virginia Title 46.2 Chapter 3 Article 15 - Proof of Financial Responsibility (§§ 46.2-435 through 46.2-463, 29 sections) is a state statute published by 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..

No. This page summarizes the document and links to the official version. Always rely on the text published by Virginia General Assembly, Division of Legislative Automated Systems (Virginia Law Portal, law.lis.virginia.gov) for the current law.

Practice questions for Virginia Property & Casualty, Virginia Personal Lines cite this document.

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