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FL S1704
Bill
AI Summary
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Amends Florida law to require $1 million per occurrence in combined bodily and property damage liability insurance for commercial motor vehicles furnishing equipment, supplies, materials, or services to government construction or maintenance projects involving transportation facilities.
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Applies to projects involving bridges, roads, streets, highways, or railroads, and services incidental to such projects.
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This $1 million requirement supersedes the existing tiered insurance requirements based on gross vehicle weight (currently ranging from $50,000 to $300,000 per occurrence).
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Violations of the insurance requirement remain a noncriminal traffic infraction punishable as a nonmoving violation under Florida law.
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Takes effect July 1, 2023.
Legislative Description
Commercial Motor Vehicle Insurance
Last Action
Died in Banking and Insurance
5/5/2023