Ariz. Admin. Code § R17-5-504 - Requirement to Submit Proof of Financial Responsibility; Applicability; Procedure; Exception
A. If a
person or motor carrier subject to financial responsibility requirements under
A.R.S. §
28-4032 does not insure its motor
vehicle or vehicle combination through an insurance company that electronically
reports to the Department under A.R.S. §
28-4148 and Article 8 of this
Chapter, the person or motor carrier shall submit proof of financial
responsibility as prescribed in this Section, and in the amount required under
A.R.S. §
28-4033(A):
1. On initial motor vehicle registration,
or
2. On written request by the
Department.
B. An
insurance company, its managing general agent, broker, or agent may submit
proof of financial responsibility to the Department on behalf of a person or
motor carrier.
C. As proof of
financial responsibility, a person or motor carrier shall submit to the
Department a photocopy of:
1. A valid
liability insurance policy;
2. A
binder dated within 90 days of filing with the Department;
3. A completed and signed Form E Uniform
Motor Carrier Bodily Injury and Property Damage Liability Certificate of
Insurance, issued by an insurer that holds a valid certificate of authority or
that is permitted to transact surplus lines insurance in this state, naming the
Arizona Department of Transportation as the agency;
4. A completed and signed Certificate of
Liability Insurance form, issued by an insurer that holds a valid certificate
of authority or that is permitted to transact surplus lines insurance in this
state, naming the Arizona Department of Transportation as the certificate
holder; or
5. A certificate of
self-insurance issued by the Department after a person or motor carrier meets
the requirements of
R17-5-810 and A.R.S. §§
28-4007 and
28-4135.
D. Before a binder submitted as proof of
financial responsibility expires, a motor carrier shall submit:
1. A binder from an insurance company other
than the insurance company named in the first binder; or
2. Proof of financial responsibility listed
in subsections (C)(1) or (C)(3) through (5).
E. A person or motor carrier that maintains a
valid USDOT number and files proof of financial responsibility with the Federal
Motor Carrier Safety Administration under 49 CFR 387 is not required to submit
additional proof of financial responsibility under this Section, except on
written request by the Department.
Notes
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