Virginia Decodedhttps://vacode.org6909356-352Railroad to have an insurable interest in property along its route2025Public Service CompaniesRailroad CorporationsPowers

Every railroad company is hereby invested with an insurable interest in the property upon the route operated by it, and may procure insurance thereupon in its own behalf for protection against any damage to such property by fire or otherwise, for which such company shall or might be liable.

Code 1919, § 4018.