Ohio Admin. Code 4501-7-08 - Insurance and bonding
(A) Except for a driver training school
providing only online instruction, the authorizing official shall maintain
financial responsibility for the operation of all motor vehicles used for
instruction as specified in Chapter 4509. of the Revised Code. Such insurance
coverage shall be acquired from a company licensed to do business in this state
and shall be maintained as long as the
driver training enterprise is operating a driver training school. Proof of the
insurance coverage required by this rule shall be maintained
in the school office and with all motor
vehicles used for instruction, and the certificate
of insurance shall be available for inspection during reasonable
hours.
(B)
Except for
For a
class "D"
a driver training school
providing only online instruction,
insurance coverage shall be maintained in the following minimum limits as
provided in either paragraph (B)(1) or (B)(2) of this rule, and these limits shall be listed on the certificate of
insurance:
(1)
(a) One hundred thousand dollars for bodily
injury to or death of one person in any one crash;
(b) Three hundred thousand dollars for bodily
injury to or death of two or more persons in any one crash;
(c) Twenty-five thousand dollars for injury
to property of others in any one crash;
(d) Five thousand dollars medical payments
for each occupant;
(e) Uninsured
motorist coverage at least equal to the bodily injury coverage required in
paragraphs (B)(1)(a) and (B)(1)(b) of this rule.
(2)
(a)
Four hundred thousand dollars combined single limit liability
coverage;
(b) Twenty-five thousand
dollars for injury to property of others in any one crash;
(c) Five thousand dollars medical payments
for each occupant;
(d) Uninsured
motorist coverage at least equal to the bodily injury coverage required in
paragraph (B)(2)(a) of this rule.
(C)
For a CDL driver
training school, insurance coverage shall be maintained in the following
minimum limits:
(1)
One million dollars combined single limit liability
coverage;
(2)
Twenty-five thousand dollars for injury to property of
others in any one crash;
(3)
Five thousand dollars medical payments for each
occupant;
(4)
Uninsured motorist coverage at least equal to the
bodily injury coverage required in paragraph (C)(1) of this
rule.
(1)
The current and valid performance bond or evidence
of an escrow account shall be maintained at the school office and filed as a
part of the school records and made available upon request. Such bond or escrow
account shall be obtained by the enterprise from a company authorized to do
business in this state specifying that such enterprise shall not practice any
fraud or make any fraudulent representation which may cause a monetary loss to
a person taking instruction from the enterprise.
Except for a CDL driver training enterprise, such bond
or escrow shall be no less than ten thousand dollars for the first school
licensed by the enterprise and an additional two thousand dollars for each
additional school licensed by the same enterprise.
(2)
For a CDL driver
training enterprise, such bond or escrow account shall be no less than fifty
thousand dollars for each school licensed by the enterprise.
Notes
Promulgated Under: 119.03
Statutory Authority: 4508.02
Rule Amplifies: 4508.02, 4508.03, 4508.09
Prior Effective Dates: 01/07/1967, 03/01/1976, 08/25/1978, 11/23/1978, 12/01/1980, 02/29/1988, 12/21/1991, 07/01/1997, 10/04/2001, 10/08/2009, 10/10/2013
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