{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/46.2-466.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/46.2-466.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/46.2-466.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/46.2-466.html"}],"law_id":365735,"edition_id":2,"section_id":365735,"structure_id":52165,"section_number":"46.2-466","catch_line":"Regulations for assignment, rate classifications, and schedules","history":"Code 1950, \u00a7 46-487; 1958, c. 541, \u00a7 46.1-498; 1972, c. 842; 1989, c. 727.","full_text":"The Commission may make reasonable regulations for the assignment of risks to insurance carriers.\n\nIt shall establish rate classifications, rating schedules, rates, and regulations to be used by insurance carriers issuing assigned risk, policies of motor vehicle liability, physical damage, and medical payments insurance in accordance with this chapter as appear to it to be proper.\n\nIn the establishment of rate classifications, rating schedules, rates, and regulations, it shall be guided by the principles and practices which have been established under its statutory authority to regulate motor vehicle liability, physical damage, and medical payments insurance rates and it may act in conformity with its statutory discretionary authority in such matters.\n\n","order_by":null,"text":{"0":{"id":1362628,"text":"The Commission may make reasonable regulations for the assignment of risks to insurance carriers.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1362629,"text":"It shall establish rate classifications, rating schedules, rates, and regulations to be used by insurance carriers issuing assigned risk, policies of motor vehicle liability, physical damage, and medical payments insurance in accordance with this chapter as appear to it to be proper.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"2":{"id":1362630,"text":"In the establishment of rate classifications, rating schedules, rates, and regulations, it shall be guided by the principles and practices which have been established under its statutory authority to regulate motor vehicle liability, physical damage, and medical payments insurance rates and it may act in conformity with its statutory discretionary authority in such matters.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":52165,"edition_id":2,"name":"Assignment of Insurance Risks","identifier":"16","label":"article","depth":4,"order_by":17,"parent_id":52148,"metadata":{"child_laws":8,"child_structures":0},"date_created":"2026-08-02 02:54:41","date_modified":"2026-08-02 12:34:05","permalink":{"id":1453123,"object_type":"structure","relational_id":52165,"identifier":"16","token":"46.2\/II\/3\/16","url":"\/46.2\/II\/3\/16\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52148,"edition_id":2,"name":"Licensure of Drivers","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":52147,"metadata":{"child_laws":313,"child_structures":20},"date_created":"2026-08-02 02:54:13","date_modified":"2026-08-02 12:34:03","permalink":{"id":1452631,"object_type":"structure","relational_id":52148,"identifier":"3","token":"46.2\/II\/3","url":"\/46.2\/II\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52147,"edition_id":2,"name":"Titling, Registration and Licensure","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":52048,"metadata":{"child_laws":724,"child_structures":36},"date_created":"2026-08-02 02:54:13","date_modified":"2026-08-02 12:34:03","permalink":{"id":1452629,"object_type":"structure","relational_id":52147,"identifier":"II","token":"46.2\/II","url":"\/46.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52048,"edition_id":2,"name":"Motor Vehicles","identifier":"46.2","label":"title","depth":1,"order_by":101,"parent_id":null,"metadata":{"child_laws":1830,"child_structures":157},"date_created":"2026-08-02 02:52:29","date_modified":"2026-08-02 12:34:02","permalink":{"id":1452291,"object_type":"structure","relational_id":52048,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":365733,"structure_id":52165,"section_number":"46.2-464","catch_line":"Application for assignment of risk to insurance carrier","url":"\/46.2-464\/","token":"46.2\/II\/3\/16\/46.2-464","metadata":false},{"id":365734,"structure_id":52165,"section_number":"46.2-465","catch_line":"Optional coverage for persons occupying insured motor vehicle and for named insured and his family","url":"\/46.2-465\/","token":"46.2\/II\/3\/16\/46.2-465","metadata":false},{"id":365735,"structure_id":52165,"section_number":"46.2-466","catch_line":"Regulations for assignment, rate classifications, and schedules","url":"\/46.2-466\/","token":"46.2\/II\/3\/16\/46.2-466","metadata":false},{"id":365736,"structure_id":52165,"section_number":"46.2-467","catch_line":"Action within power of Commission","url":"\/46.2-467\/","token":"46.2\/II\/3\/16\/46.2-467","metadata":false},{"id":365737,"structure_id":52165,"section_number":"46.2-468","catch_line":"Information filed with Commission by insurance carrier confidential","url":"\/46.2-468\/","token":"46.2\/II\/3\/16\/46.2-468","metadata":false},{"id":365738,"structure_id":52165,"section_number":"46.2-469","catch_line":"Commission not required to disclose reasons for action; liability of Commission for act or omission","url":"\/46.2-469\/","token":"46.2\/II\/3\/16\/46.2-469","metadata":false},{"id":365739,"structure_id":52165,"section_number":"46.2-470","catch_line":"Assignment of risks for nonresidents","url":"\/46.2-470\/","token":"46.2\/II\/3\/16\/46.2-470","metadata":false},{"id":365740,"structure_id":52165,"section_number":"46.2-471","catch_line":"Assignment of risks for certain carriers","url":"\/46.2-471\/","token":"46.2\/II\/3\/16\/46.2-471","metadata":false}],"previous_section":{"id":365734,"structure_id":52165,"section_number":"46.2-465","catch_line":"Optional coverage for persons occupying insured motor vehicle and for named insured and his family","url":"\/46.2-465\/","token":"46.2\/II\/3\/16\/46.2-465","metadata":false},"next_section":{"id":365736,"structure_id":52165,"section_number":"46.2-467","catch_line":"Action within power of Commission","url":"\/46.2-467\/","token":"46.2\/II\/3\/16\/46.2-467","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-466\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1958, chapter 541; in 1972, chapter 842; in 1989, chapter 727.<\/p>","references":false,"refers_to":false,"permalink":{"id":1453133,"object_type":"law","relational_id":365735,"identifier":"46.2-466","token":"46.2\/II\/3\/16\/46.2-466","url":"\/46.2-466\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/46.2-466\/","token":"46.2\/II\/3\/16\/46.2-466","dublin_core":{"Title":"Regulations for assignment, rate classifications, and schedules","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-466","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">Commission<\/span> may make reasonable regulations for the assignment of risks to insurance carriers.<\/p><p>It shall establish rate classifications, rating <span class=\"dictionary\">schedules<\/span>, rates, and regulations to be used by insurance carriers issuing assigned risk, policies of <span class=\"dictionary\">motor vehicle<\/span> liability, physical damage, and medical payments insurance in accordance with this chapter as appear to it to be proper.<\/p><p>In the establishment of rate classifications, rating <span class=\"dictionary\">schedules<\/span>, rates, and regulations, it shall be guided by the principles and practices which have been established under its statutory authority to regulate <span class=\"dictionary\">motor vehicle<\/span> liability, physical damage, and medical payments insurance rates and it may act in conformity with its statutory discretionary authority in such matters.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nREGULATIONS FOR ASSIGNMENT, RATE CLASSIFICATIONS, AND SCHEDULES (\u00a7 46.2-466)\n\nThe Commission may make reasonable regulations for the assignment of risks to\ninsurance carriers.\n\nIt shall establish rate classifications, rating schedules, rates, and\nregulations to be used by insurance carriers issuing assigned risk, policies of\nmotor vehicle liability, physical damage, and medical payments insurance in\naccordance with this chapter as appear to it to be proper.\n\nIn the establishment of rate classifications, rating schedules, rates, and\nregulations, it shall be guided by the principles and practices which have been\nestablished under its statutory authority to regulate motor vehicle liability,\nphysical damage, and medical payments insurance rates and it may act in\nconformity with its statutory discretionary authority in such matters.\n\nHISTORY: Code 1950, \u00a7 46-487; 1958, c. 541, \u00a7 46.1-498; 1972, c. 842; 1989, c.\n727.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}