An Act To Increase Mandatory Minimum Insurance Requirements for Vehicles for Hire
Sec. 1. 29-A MRSA §1611, sub-§2, ¶A, as affected by PL 1995, c. 65, Pt. A, §153 and amended by Pt. B, §18 and affected by Pt. C, §15, is further amended to read:
Sec. 2. 29-A MRSA §1611, sub-§2, ¶B, as amended by PL 2007, c. 703, §23, is further amended to read:
(1) One hundred twenty-five Five hundred thousand dollars , or split limits consisting of $50,000 per person and $100,000 per occurrence for bodily injury liability, and $25,000 for property damage liability for vehicles that are designed to carry no more than 3 passengers behind the driver's seat;
(2) Three hundred thousand One million dollars for vehicles that are designed to carry 4 to 7 passengers behind the driver's seat, including those vehicles under contract with the State, a municipality or a school district for the transportation of students;
(3) Seven hundred fifty One million five hundred thousand dollars for vehicles that are designed to carry 8 to 15 passengers behind the driver's seat;
(4) One Three million five hundred thousand dollars for vehicles that are designed to carry 16 to 30 passengers behind the driver's seat;
(5) Two Five million dollars for vehicles that are designed to carry 31 or more passengers behind the driver's seat; and
(6) Four hundred thousand dollars for vehicles registered to a transit district as defined in Title 30-A, section 3501.
Sec. 3. 29-A MRSA §1611, sub-§2, ¶E, as affected by PL 1995, c. 65, Pt. A, §153 and enacted by Pt. B, §20 and affected by Pt. C, §15, is amended to read:
(1) There is a combined single limit of $125,000; or $500,000.
(2) There is a split limit of $50,000 per person or $100,000 per occurrence for bodily injury liability and $25,000 for property damage liability.
summary
This bill increases the required minimum insurance coverage for vehicles for hire, including emergency vehicles and rental vehicles.