Rules & Regulations of the State of Tennessee
Title 0960 - Motor Vehicle Commission
Chapter 0960-01 - General Rules
Section 0960-01-.15 - LIABILITY INSURANCE AND WORKERS' COMPENSATION

Universal Citation: TN Comp Rules and Regs 0960-01-.15

Current through April 3, 2024

(1) An applicant for a motor vehicle or recreational vehicle dealer license or an automobile auction license shall submit to the Commission with each application for license a certificate of comprehensive garage liability insurance, which covers all premises and operations as listed in the application for license, in a minimum amount of coverage of Three Hundred Thousand Dollars ($300,000.00) per occurrence.

(2) The minimum required coverage must remain and continue in force for as long as the dealer or automobile auction remains licensed. Upon notice of cancellation, the licensee shall either cease business operations until proof of minimum coverage is provided, or provide evidence of minimum coverage from another provider.

(3) All motor vehicle or recreational vehicle dealers shall comply with the applicable workers' compensation laws of the State of Tennessee.

Authority: T.C.A. §§ 55-17-107 and 55-17-402.

Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.