Current through Vol. 42, No. 4, November 1, 2024
Section 260:135-5-204 - Insurance(a) A school shall be insured, by an insurance company licensed to do business in this state, with a commercial liability insurance policy for each commercial motor vehicle used to conduct behind-the-wheel instruction. The minimum amount of insurance shall consist, for any one collision, of at least Fifty Thousand Dollars ($50,000.00) for bodily injury to or death of one person; One Hundred Thousand Dollars ($100,000.00) for bodily injury to or death of two or more persons; and Fifty Thousand Dollars ($50,000.00) for damage to property. The above coverage shall be carried on each vehicle used by the school for driver training purposes.(b) Each school shall send a copy of the certificate of insurance, including a schedule of covered vehicles, when applying for the school's original or renewal license. If insurance coverage expires between school renewal certification periods, the school shall send a copy of the renewal certificate of insurance to Service Oklahoma.(c) In the event the insurance coverage is canceled, a copy of the written notice of cancellation shall be forwarded immediately to Service Oklahoma by registered or certified mail. Behind-the-wheel instruction shall be immediately suspended until proper verification of insurance coverage is provided to Service Oklahoma.Okla. Admin. Code § 260:135-5-204
Transferred from 595:11-7-11 by HB 3419 (2022), eff. 5/19/2022Amended by Oklahoma Register, Volume 40, Issue 24, September 1, 2023, eff. 9/11/2023