§ 885. Waiver of defenses against injured party
When evidence of insurance is offered to the Commissioner that a contract or policy of insurance issued by a liability insurance company or a surety bond has been procured in accordance with the provisions of section 881 of this title, the presentation of such proof shall include certification that the policy of insurance or bond includes or has appended a certificate waiving, as against injured persons, all defenses based on false representations or breach of warranties as set forth in the application for the policy of liability insurance or indemnity bond by the insured. Such contract or policy of insurance or surety bond shall be for the benefit of a person injured in person or property, to the amounts indicated, to satisfy the legal liability of the insured. (Amended 2019, No. 131 (Adj. Sess.), § 167.)
Structure Vermont Statutes
Chapter 11 - Financial Responsibility and Insurance
§ 800. Maintenance of financial responsibility
§ 801. Proof of financial responsibility required
§ 803. Proof of financial responsibility to be kept in force
§ 805. Waiver of defenses against injured party
§ 809. Waiver of proof of financial responsibility
§ 810. Uncompensated victims; reporting requirements
§ 841. Compulsory liability insurance or a surety bond
§ 842. Insurer or surety as co-defendant
§ 843. Amount of insurance or bond
§ 881. Compulsory liability insurance or bond
§ 882. Insurer or surety as co-defendant
§ 883. Amount of insurance or bond
§ 884. Proof of insurance; notice of cancellation
§ 885. Waiver of defenses against injured party
§ 886. Injured person may obtain name and description of insurer
§ 888. Alternative form of security
§ 941. Insurance against uninsured, underinsured, or unknown motorists
§ 942. Binders and renewal endorsements; binders of insurance