§ 31-88. Insurance requirements.

(a)

No for-hire motor vehicle shall be permitted to operate without the vehicle owner or lessee having first obtained and filed with the RER a certificate of insurance for each for-hire motor vehicle showing the federal vehicle identification number, a vehicle description and the for-hire license number, and shall list the for-hire license holder, each chauffeur the entity providing passenger services allows to operate the vehicle, the passenger service company, where applicable, and the owner of the vehicle as insureds under an automobile liability insurance policy with limits of liability no less than those required pursuant to applicable State law. Additionally, the certificate of insurance shall specify coverage for complete 24-hour vehicle operations for all drivers, regardless of where operated or whether engaged in for-hire operations, and shall state the limits of automobile liability and property damage coverage. Failure to provide current certificates of insurance or to maintain appropriate insurance coverage for each for-hire vehicle shall be grounds for revocation of that vehicle's for-hire license.

(b)

Scope of insurance. The insurance required in this section shall be issued by an insurer that is a member of the Florida Insurance Guaranty Association. Insurance coverage shall be for a policy term of at least six (6) months. Nothing in the insurance policy or declaration shall permit binders, deductibles, self-insurance or any provision requiring the insured to reimburse the insurance company for claims.

(c)

Each automobile liability insurance policy shall be endorsed to provide for thirty (30) days' notice by registered mail to the RER of any material change, cancellation, or expiration. No policy will be accepted for a shorter period than six (6) months.

(d)

Unless an operator furnishes the RER with satisfactory evidence of the required insurance coverage prior to the expiration of the thirty (30) days' notice specified in subsection (c) of this section, or upon a third notice of cancellation within twelve (12) months, the for-hire license shall be suspended forthwith by the Director and surrendered to the RER pending a hearing to determine whether said for-hire license should be revoked. This automatic suspension requirement will not pertain to a for-hire motor vehicle when its insurer withdraws from Florida and cancels its policies, or when the policy is canceled through no fault of the operator.

(e)

From and after one hundred twenty (120) days after the effective date of this section [June 2, 1989], all operators shall comply with the amended requirements of this section.

(f)

Examination of Insurance Policy. The RER reserves the right to require submission of a certified copy of or to examine the original policies of insurance including but not limited to endorsements, amendments, exclusions, riders, any additional contracts between the insured and the insurer and applications to confirm the existence of the required insured coverage.

(Ord. No. 81-85, § 3, 7-21-81; Ord. No. 87-12, § 2, 3-17-87; Ord. No. 88-34, § 3, 5-3-88; Ord. No. 89-44, § 1, 5-23-89; Ord. No. 96-114, § 1, 7-16-96; Ord. No. 98-105, § 1, 7-9-98; Ord. No. 16-43, § 1, 5-3-16)

Annotation— CAO 85-9.