Ala. Admin. Code r. 770-X-10-.04-.03

Current through Register Vol. 43, No. 02, November 27, 2024
Section 770-X-10-.04-.03 - General Liability Insurance

The minimum amount of security required to compensate others for bodily injury, death, or property damage (other than cargo) shall be:

Kind of equipment

Limit for bodily

injuries to or death of one person

Limit for bodily injuries to or death of all persons injured or killed in any one accident (subject to max. shown in Column 1)

Limit for loss or damage in any one accident to property of others (excluding cargo)

Passenger equipment seating 5 or less

$25,000.00

$50,000.00

$10,000.00

Passenger equipment seating 5 - 20 passengers

$50,000.00

$200,000.00

$30,000.00

Passenger equipment seating more than 20 passengers

$100,000.00

$500,000.00

$50,000.00

Equipment used exclusively in the transportation of property

$100,000.00

$300,000.00

$50,000.00

Ala. Admin. Code r. 770-X-10-.04-.03

Effective January 1978. Filed with LRS February 5, 2013. Filed for Codification in the Alabama Administrative Code by the Alabama Public Service Commission on February 5, 2013, pursuant to Code of Ala. 1975, § 41-22-7.

Author: Alabama Public Service Commission

Statutory Authority:Code of Ala. 1975, §§ 37-3-5, 37-3-7.