Maine Revised Statutes Title 29-A Sec. 1673 – Insurance requirements
Current as of: 2023 | Check for updates
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1. Insurance required. A transportation network company shall maintain insurance pursuant to this section.
[PL 2015, c. 279, §2 (NEW).]
Terms Used In Maine Revised Statutes Title 29-A Sec. 1673
- in writing: include printing and other modes of making legible words. See Maine Revised Statutes Title 1 Sec. 72
- Policy: means a motor vehicle liability insurance policy or motor vehicle liability bond. See Maine Revised Statutes Title 29-A Sec. 1551
- Secretary of State: means the Secretary of State or the Secretary of State's deputy. See Maine Revised Statutes Title 29-A Sec. 1551
- State: means a state of the United States, the District of Columbia or a province of the Dominion of Canada. See Maine Revised Statutes Title 29-A Sec. 1551
- Vehicle: means a device for conveyance of persons or property on a way. See Maine Revised Statutes Title 29-A Sec. 101
2. Proof of insurance. The Secretary of State shall certify proof of insurance prior to issuing a permit under section 1672. The Secretary of State may not certify an insurance policy as proof of insurance unless the policy meets the requirements of subsection 4 and until a copy of the form of policy has been on file with the Superintendent of Insurance for at least 30 days or the Superintendent of Insurance has approved in writing the form of the policy under subsection 3.
[PL 2015, c. 279, §2 (NEW).]
3. Form. The form of policy under this section must contain:
A. The name and address of the insured; [PL 2015, c. 279, §2 (NEW).]
B. The conditions of coverage sufficient to identify whether or not a given vehicle is covered at a given time; [PL 2015, c. 279, §2 (NEW).]
C. The policy period; [PL 2015, c. 279, §2 (NEW).]
D. The limits of liability; and [PL 2015, c. 279, §2 (NEW).]
E. An agreement that insurance is provided pursuant to this section. [PL 2015, c. 279, §2 (NEW).]
[PL 2015, c. 279, §2 (NEW).]
4. Required provisions. An insurance policy under this section must:
A. Provide coverage in accordance with the requirements of Title 24?A, section 7303; and [PL 2015, c. 279, §2 (NEW).]
[PL 2015, c. 279, §2 (NEW).]
SECTION HISTORY
PL 2015, c. 279, §2 (NEW).