OH SB111

Requires transportation network companies and drivers to maintain automobile liability insurance meeting proof of financial responsibility standards, with options including commercial policies, personal policy riders/endorsements, or company-purchased commercial policies.

Allows personal lines insurers to exclude coverage for losses occurring while a driver provides transportation network company services, and prohibits requirements for personal policies to cover such services.

Mandates transportation network companies provide written disclosures to vehicle owners and drivers describing insurance coverage, limits, and insurer contact information before first use of a vehicle.

Requires transportation network companies to maintain records for three years including driver information, vehicle details, service hours and miles, and electronic records of each ride with driver name, rider name, date, times, miles, addresses, and compensation.

Establishes statewide preemption over local ordinances regarding transportation network company insurance requirements and creates first-degree misdemeanor penalties for reckless violations of insurance, disclosure, or record-keeping requirements.