§ 31-707. Insurance requirements.

(a)

All transportation network entities and drivers shall comply with all of the applicable insurance provisions of State law. In addition, all transportation network entities shall provide supplemental insurance for each transportation network entity driver and transportation network entity vehicle as follows: the insurance limits that apply after a ride is prearranged until the last requesting rider exits the vehicle shall be at least $125,000 per person for death or bodily injury; $250,000 per incident for death or bodily injury; and $50,000 per incident for property damage; or a combined single limit of $300,000 per incident for death, bodily injury, and property damage. All supplemental insurance policies shall be issued by companies authorized to do business under the laws of the State of Florida or by companies that meet the requirements of Section 626.913-626.937 of the Florida Statutes, with the following qualifications. The company must be rated no less than "A-" as to management, and no less than "Class VII" as to financial strength, by the A.M. Best Company, Oldwick, New Jersey, or its equivalent subject to the approval of the County Risk Management Division.

(b)

No transportation network entity vehicle shall be permitted to operate without the transportation network entity or driver providing transportation network entity services having first obtained and filed with the Department a certificate of insurance demonstrating compliance with Florida insurance laws. Proof of insurance as required by this Section may be provided through a certificate that lists each vehicle insured thereunder or through a blanket certification stating that all transportation network entity vehicles comply with the insurance requirements required by subsection (a) Failure to provide current certificates of insurance or to maintain appropriate insurance coverage shall be grounds for suspension or revocation of a transportation network entity license.

(c)

The Department 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. A transportation network entity shall not be required to disclose premium or rating information or other pricing data.

(Ord. No. 16-42, § 3, 5-3-16)