Ohio Admin. Code 4501-1-06 - Insurance coverage
The director shall not issue a license to any person, and may revoke, suspend, or take other appropriate action on any license held by any person who does not have or does not maintain in effect either of the following:
(A) Minimum insurance
coverage in the amounts of:
(1) Bodily
insurance liability - $500,000 per person.
(2) Bodily insurance liability - $1,000,000
per accident occurrence.
(3)
Property damage liability - $500,000 per accident occurrence.
(4) Medical payment - $5,000 per person.
(B) An insurance policy
with minimum umbrella coverage of $1,000,000.
Notes
Promulgated Under: 119.03
Statutory Authority: 4511.76
Rule Amplifies: 4511.76, 4511.763
Prior Effective Dates: 10/21/1966, 04/01/1998, 05/22/2003, 01/01/2008
Promulgated Under: 119.03
Statutory Authority: R.C. 4511.76
Rule Amplifies: R.C. 4511.76, R.C. 4511.763
Prior Effective Dates: 10/21/66, 4/1/98, 5/22/03, 1/1/08
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