MI HB4400

Removes requirement for limousine carriers to maintain personal protection insurance and property protection insurance, keeping only bodily injury and property damage liability insurance with a minimum combined single limit of $1,000,000.

Removes requirement for taxicab carriers to maintain personal protection insurance and property protection insurance, keeping only bodily injury and property damage liability insurance with a minimum combined single limit of $300,000.

Simplifies transportation network company driver insurance requirements by eliminating personal protection and property protection insurance mandates while maintaining third-party liability coverage of $50,000/$100,000/$25,000 when logged on but not actively transporting passengers and $1,000,000 combined single limit when actively engaged in a prearranged ride.

Requires transportation network companies to provide primary insurance coverage beginning with the first dollar of a claim if driver's personal insurance lapses or is insufficient, and prohibits coverage from being dependent on personal insurers denying claims first.

Takes effect January 1, 2020, contingent upon enactment of Senate Bill No. ____ or House Bill No. 4397.