FL S1298

Amends section 316.646 to include insurance required by section 627.748(2)(d) as valid proof of security when operating a motor vehicle.

Creates section 627.716 establishing short-term rental network company insurance requirements, including minimum coverage of $1 million per occurrence ($2 million aggregate) for property damage and $1 million liability coverage for personal injury and property damage.

Creates section 627.748 establishing transportation network company (rideshare) insurance requirements with tiered coverage: $125,000/$250,000/$25,000 when driver is logged on but not actively transporting passengers, $1 million/$50,000 during active prearranged rides, and $100,000/$200,000/$25,000 at all other times.

Allows personal automobile insurance policies to exclude coverage when a driver is logged into a transportation network company's digital network or engaged in a prearranged ride, and permits the transportation network company's insurance to be primary or excess depending on circumstances.

Takes effect January 1, 2016.