SB 156 — Relating to: insurance requirements for vehicle rental companies. (FE)

Bill Text

• Bill Text View text Current pdf

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill establishes specific minimum liability insurance requirements for vehicle rental companies renting to certain motor carriers, altering their existing insurance obligations.

• 194.41 (1)

  No permit or vehicle registration may be issued to a common motor carrier of property, contract motor carrier, or rental company, no permit or vehicle registration may remain in force to operate any motor vehicle under the authority of this chapter, and no vehicle registration may be issued or remain in force for a semitrailer unless the carrier or rental company has on file with the department and in effect an approved certificate for a policy of insurance or other written contract in such form and containing such terms and conditions as may be approved by the department issued by an insurer authorized to do a surety or automobile liability business in this state under which the insurer assumes the liability prescribed by this section with respect to the operation of such motor vehicles. The certificate or other contract is subject to the approval of the department and shall provide that the insurer shall be directly liable for and shall pay all damages for injuries to or for the death of persons or for injuries to or destruction of property that may be recovered against the owner or operator of any such motor vehicles by reason of the negligent operation thereof in such amount as the department may require. Liability may be restricted so as to be inapplicable to damage claims on account of injury to or destruction of property transported, but the department may require, and with respect to a carrier transporting a building, as defined in s. 348.27 (12m) (a) 1., shall require, a certificate or other contract protecting the owner of the property transported by carriers from loss or damage in the amount and under the conditions as the department may require. No permit or vehicle registration may be issued to a common motor carrier of passengers by any motor vehicle, or other carrier of passengers by motor bus, except those registered in accordance with s. 341.26 (2) (a) and (d), and no permit or vehicle registration may remain in force to operate any motor vehicle unless it has on file with the department a like certificate or other contract in the form and containing the terms and conditions as may be approved by the department for the payment of damages for injuries to property and injuries to or for the death of persons, including passengers, in the amounts as the department may require. This subsection does not apply to a motor carrier that is registered by another state under the unified carrier registration system consistent with the standards under 49 USC 13908 and 14504a. → With respect to a rental company, this subsection applies only to the rental company's vehicles that are rented to a common motor carrier of property, contract motor carrier, or private motor carrier transporting hazardous materials as listed under 49 CFR 172.101.

  This change limits the insurance requirements for rental companies specifically to those vehicles rented to certain motor carriers transporting hazardous materials.

• 194.01 (12m)

  "Rental company" means a person that rents motor vehicles to common motor carriers of property, contract motor carriers, or private motor carriers transporting hazardous materials as listed under 49 CFR 172.101.

  This establishes a formal definition of 'rental company' for the context of motor carrier insurance requirements.

Action History

1. June 01, 2017

   Public hearing held

2. May 10, 2017

   Fiscal estimate received

3. April 07, 2017

   Read first time and referred to Committee on Insurance, Housing and Trade

4. April 07, 2017

   Introduced by Senators Petrowski and Lasee; cosponsored by Representatives Spiros, R. Brooks and Kulp

Sponsors

• Petrowski · Primary
• Lasee · Primary

Subjects