Code · Virginia · Title 46.2 · Chapter 3

Code of Virginia § 46.2-480. Reimbursement of carrier and proration of insurance.

70 words·~1 min read·/va/title-46-2/chapter-3/46-2-480

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.