{"data":{"id":"us-va/va.-code-46.2-481","jurisdiction":"us-va","citation":"Va. Code § 46.2-481","heading":"Binder or endorsement in lieu of policy","body":"Insurance carriers authorized to issue policies as provided in this chapter may, pending the issuance of the policy, execute an agreement to be known as a binder, which shall not be valid beyond sixty days from the date it becomes effective, or may, in lieu of a policy, issue an endorsement to an existing policy, each of which shall be construed to provide indemnity or protection in like manner and to the same extent as a formal policy. The provisions of this chapter apply to these binders and endorsements.Code 1950, § 46-500; 1958, c. 541, § 46.1-513; 1989, c. 727.","path":["Title 46.2. MOTOR VEHICLES","Subtitle II. TITLING, REGISTRATION AND LICENSURE","Chapter 3. LICENSURE OF DRIVERS","Article 17. MOTOR VEHICLE LIABILITY INSURANCE POLICIES"],"source_url":"https://law.lis.virginia.gov/vacode/46.2-481/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:16:39Z","sha256":"26d918a549eb7afbf986d7ac4f4b28e9f5de08cfa13cbe8fb61ce015deadfa3e","source_id":"us-va","stale":true,"prev":"us-va/va.-code-46.2-480","next":"us-va/va.-code-46.2-482"},"notice":"GroundRules: Original legal text. Not legal advice."}