D.C. Mun. Regs. tit. 20, r. 20-6707

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 20-6707 - INSURANCE AND RISK RETENTION GROUP COVERAGE

6707.1

An owner may satisfy the requirements of § 6700 by obtaining liability insurance that meets the requirements of this section from a qualified insurer or risk retention group.

6707.2

The liability insurance required under this section may be in the form of a separate insurance policy or an endorsement to an existing insurance policy.

6707.3

Each certificate of insurance and each insurance policy endorsement issued under this section shall be in the form prescribed by Appendix 67-4 (Certificate of Insurance) or Appendix 67-5 (Endorsement).

6707.4

Each insurance policy shall be issued by an insurer or risk retention group that, at a minimum, is licensed to transact the business of insurance or eligible to provide insurance as an excess or surplus lines insurer in the District of Columbia.

D.C. Mun. Regs. tit. 20, r. 20-6707

Final Rulemaking published at 43 DCR 2799 (May 24, 1996), incorporating text of Proposed Rulemaking published at 42 DCR 5765, 5776 (October 20, 1995); as amended by Final Rulemaking published at 46 DCR 7699 (October 1, 1999); amended by Final Rulemaking published at 67 DCR 1778 (2/21/2020)