Recovery vehicles; minimum amounts of financial responsibility
Sec. 6. (a) The minimum standards for financial responsibility for
a Class A recovery vehicle are a combined single limit of seven
hundred fifty thousand dollars ($750,000) for bodily injury and
property damage in any one (1) accident or as follows:
(1) Subject to the limit set forth in subdivision (2), five hundred
thousand dollars ($500,000) for bodily injury to or the death of
one (1) individual.
(2) One million dollars ($1,000,000) for bodily injury to or the
death of two (2) or more individuals in any one (1) accident.
(3) One hundred thousand dollars ($100,000) for damage to or
the destruction of property in one (1) accident.
(b) The minimum standards for financial responsibility for a Class
B recovery vehicle are a combined single limit of three hundred
thousand dollars ($300,000) for bodily injury and property damage
in any one (1) accident or as follows:
(1) Subject to the limit set forth in subdivision (2), one hundred
thousand dollars ($100,000) for bodily injury to or the death of
one (1) individual.
(2) Three hundred thousand dollars ($300,000) for bodily injury
to or the death of two (2) or more individuals in any one (1)
accident.
(3) Fifty thousand dollars ($50,000) for damage to or the
destruction of property in one (1) accident.
As added by P.L.2-1991, SEC.13.
Last modified: May 27, 2006