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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>364973</law_id><section_number>46.2-1412</section_number><catch_line>Insurable interest</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="101" identifier="46.2">Motor Vehicles</unit><unit label="subtitle" level="2" order_by="3" identifier="III">Operation</unit><unit label="chapter" level="3" order_by="6" identifier="14.1">Peer-to-Peer Vehicle Sharing</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Notwithstanding any provision of <span class="dictionary">law</span> to the contrary, a <span class="dictionary">peer-to-peer vehicle sharing platform</span> shall have an insurable interest in a <span class="dictionary">shared vehicle</span> during the <span class="dictionary">vehicle sharing period</span>. <a id="paragraph-1359823" class="section-permalink" href="https://vacode.org/46.2-1412/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> A <span class="dictionary">peer-to-peer vehicle sharing platform</span> may own and maintain as the named insured one or more policies of <span class="dictionary">motor vehicle</span> liability insurance that provides coverage for: <a id="paragraph-1359824" class="section-permalink" href="https://vacode.org/46.2-1412/#B"><i class="fa fa-link"/></a></p></section>
						<section id="B1" class="indent-1"><p><span class="prefix-number">1.</span> Liabilities assumed by the <span class="dictionary">peer-to-peer vehicle sharing platform</span> under a <span class="dictionary">vehicle sharing platform agreement</span>; <a id="paragraph-1359825" class="section-permalink" href="https://vacode.org/46.2-1412/#B1"><i class="fa fa-link"/></a></p></section>
						<section id="B2" class="indent-1"><p><span class="prefix-number">2.</span> Any liability of the <span class="dictionary">shared vehicle owner</span>; <a id="paragraph-1359826" class="section-permalink" href="https://vacode.org/46.2-1412/#B2"><i class="fa fa-link"/></a></p></section>
						<section id="B3" class="indent-1"><p><span class="prefix-number">3.</span> Damage or loss to the shared vehicle; or <a id="paragraph-1359827" class="section-permalink" href="https://vacode.org/46.2-1412/#B3"><i class="fa fa-link"/></a></p></section>
						<section id="B4" class="indent-1"><p><span class="prefix-number">4.</span> Any liability of the <span class="dictionary">shared vehicle driver</span>. <a id="paragraph-1359828" class="section-permalink" href="https://vacode.org/46.2-1412/#B4"><i class="fa fa-link"/></a></p></section></text><history>2020, c. 1266.</history><metadata></metadata></law>
