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Bob Carroll
Bob Carroll
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Taxicabs Required To Have Financial Responsibility

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The Academy of Florida Trial Lawyers continues to work hard for the people of Florida. This time, its strong lobbying efforts have produced a law of great benefit for those injured by taxicabs within the state.

Governor Signs Highway Safety and Motor Vehicles Legislation That Includes Taxicab Financial Responsibility is the headline.

As of October 1, 2006, financial responsibility of an owner or registrant of a motor vehicle used as a taxicab is required. Compliance with this requirement of financial responsibility may be proven by furnishing satisfactory evidence of holding a motor vehicle liability policy with limits of $125,000/$250,000/$50,000.

Additionally, this provision codifies current case law that taxicabs are not subject to the Personal Injury Protection (PIP) tort threshold. In other words, taxicabs have no tort immunity under PIP. If a taxicab driver causes a wrongful injury because of careless or reckless driving the victim may pursue a claim without having to satisfy the threshold requirements that apply to private passenger vehicles which come under PIP.

If you have a lot of time on your hands you can read the entire bill.

The Academy of Florida Trial Lawyers continues to work hard for the people of Florida. This time, its strong lobbying efforts have produced a law of great benefit for those injured by taxicabs within the state.

Governor Signs Highway Safety and Motor Vehicles Legislation That Includes Taxicab Financial Responsibility is the headline.

As of October 1, 2006, financial responsibility of an owner or registrant of a motor vehicle used as a taxicab is required. Compliance with this requirement of financial responsibility may be proven by furnishing satisfactory evidence of holding a motor vehicle liability policy with limits of $125,000/$250,000/$50,000.

Additionally, this provision codifies current case law that taxicabs are not subject to the Personal Injury Protection (PIP) tort threshold. In other words, taxicabs have no tort immunity under PIP. If a taxicab driver causes a wrongful injury because of careless or reckless driving the victim may pursue a claim without having to satisfy the threshold requirements that apply to private passenger vehicles which come under PIP.

If you have a lot of time on your hands you can read the entire bill.