Loading chat...
FL S1380
Bill
AI Summary
-
Requires owners or affiliates renting/leasing motor vehicles to nonresidents to verify the renter has liability insurance covering damages from negligence in using the vehicle.
-
Establishes minimum insurance coverage limits of $100,000 per person/$300,000 per incident for bodily injury and $50,000 for property damage when renting or leasing to nonresidents.
-
Allows owners or affiliates to provide insurance coverage directly to nonresidents if the charge is separately itemized in the rental agreement.
-
Restricts rental insurance coverage to motor vehicles rented or leased for up to 1 year, with coverage extensions limited to one additional 364-day period.
-
Makes owners liable for negligent entrustment of vehicles to nonresidents who lack required insurance, subject to damages up to the minimum coverage limits specified.
Legislative Description
Renting or Leasing Motor Vehicles
Last Action
Died in Banking and Insurance
3/11/2016