Iowa Admin. Code r. 761-641.3
Current through Regsiter Vol. 46, No. 26, June 12, 2024
Rule 761-641.3 - Content of financial liability coverage card(1) A financial liability coverage card issued by an insurance company for a motor vehicle that is not insured as a part of a fleet shall contain the following information: a. Either one of the following: (1) Name and address of insurer.(2) Name of insurer and name and address of insurance agency.d. Vehicle identification number of the insured motor vehicle.e. Year and make of the insured motor vehicle.f. The statement, "Coverage provided by this policy meets the minimum liability limits prescribed by law," or a statement that is substantially similar.g. Effective and expiration dates of coverage.h. The statement, "This card must be carried in the insured motor vehicle at all times," or a statement that is substantially similar.i. An emergency telephone number of either the insurer or the insurance agency.(2) An insurance company shall issue a financial liability coverage card for each motor vehicle insured as a part of a fleet. The fleet owner shall maintain a card in each fleet vehicle. The card shall contain the following information: a. Either one of the following: (1) Name and address of insurer.(2) Name of insurer and name and address of insurance agency.d. Either the vehicle identification number or the words "all owned vehicles" or the word "fleet."e. The statement, "Coverage provided by this policy meets the minimum liability limits prescribed by law," or a statement that is substantially similar.f. Effective and expiration dates of coverage.g. The statement, "This card must be carried in the insured motor vehicle at all times," or a statement that is substantially similar.h. An emergency telephone number of either the insurer or the insurance agency.(3) One financial liability coverage card shall be issued by the department for each fleet covered by a bond filed under Iowa Code section 321A.24, a security certificate issued under section 321A.25, or a self-insurance certificate issued under section 321A.34. The fleet owner shall maintain a copy of the card in each fleet vehicle. The card shall contain the following information:a. Name, address and telephone number of person to whom the card is issued.b. Number assigned by the department.c. Either the vehicle identification number or the words "all owned vehicles" or the word "fleet."d. The statement, "This card must be carried in the covered motor vehicle at all times."Iowa Admin. Code r. 761-641.3