Va. Code » Title 38.2. Insurance » Chapter 30. Uninsured Motorists Fund
Virginia Code

Va. Code Ann. § 38.2-3000 (2026)

Supervision and control of Fund by Commission; payments from Fund

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The Uninsured Motorists Fund, referred to in this chapter as the Fund, shall be under the supervision and control of the Commission. Payments from the Fund shall be made on warrants of the Comptroller issued on vouchers signed by a person designated by the Commission. The purpose of the Fund is to reduce the cost of the insurance required by subsection A of § 38.2-2206.

Code 1950, § 12-65; 1958, c. 455, § 38.1-379.1; 1962, c. 253; 1971, Ex. Sess., c. 44; 1986, c. 562.

Notes of Decisions
Cited in 3 cases, 2002–2004 · leading case: Vasaio v. Dep't of Motor Vehs., 590 S.E.2d 596 (Va. Ct. App. 2004).
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Vasaio v. Dep't of Motor Vehs., 590 S.E.2d 596 (Va. Ct. App. 2004). · cites it 2× “Although Virginia does not mandate that vehicles registered in Virginia be covered by liability insurance, it does require owners registering uninsured vehicles to pay a fee. Code § 46.2-706. This fee supports a fund that is distributed among insurance companies providing…”
O'Neil v. United States Auto. Ass'n, 57 Va. Cir. 257 (Va. Cir. Ct. 2002). · cites it 3× “Va. Code §§ 38.2-3000, 38.2-3001. There is no such corollary fund for underinsured vehicles.”
Edward A. Vasaio v. Dept. Motor Vehs., Commonweal, No. 0707032 (Va. Ct. App. Jan. 13, 2004). · cites it 2× “Code §§ 38.2-3000, -3001; Code § 46.2-710.”
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