Exams / Florida General Lines (Property and Casualty) Insurance License / Fla. Stat. §324.023
Fla. Stat. §324.023 — what it says, and how the exam tests it
This section is cited by 7 of our practice questions and is tested on 2 exams including the Florida General Lines (Property and Casualty) Insurance License.
The text
324.023 Financial responsibility for bodily injury or death. — In addition to any other financial responsibility required by law, every owner or operator of a motor vehicle that is required to be registered in this state, or that is located within this state, and who, regardless of adjudication of guilt, has been found guilty of or entered a plea of guilty or nolo contendere to a charge of driving under the influence under s. 316.193 after October 1, 2007, shall, by one of the methods established in s. 324.031(1) or (2), establish and maintain the ability to respond in damages for liability on account of accidents arising out of the use of a motor vehicle in the amount of $100,000 because of bodily injury to, or death of, one person in any one crash and, subject to such limits for one person, in the amount of $300,000 because of bodily injury to, or death of, two or more persons in any one crash and in the amount of $50,000 because of property damage in any one crash. If the owner or operator chooses to establish and maintain such ability by furnishing a certificate of deposit pursuant to s. 324.031(2), such certificate of deposit must be at least $350,000. Such higher limits must be carried for a minimum period of 3 years. If the owner or operator has not been convicted of driving under the influence or a felony traffic offense for a period of 3 years from the date of reinstatement of driving privileges for a violation of s. 316.193, the owner or operator shall be exempt from this section.
Public record. Read the full, current section at the official source: www.leg.state.fl.us
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Florida law, an owner or operator convicted of DUI after October 1, 2007, must maintain increased financial responsibility limits for a minimum period of how many years?
drill Florida Statutes, Rules and Regulations Pertinent to General Lines Insurance → - A Florida driver convicted of DUI must maintain higher financial responsibility limits for a minimum period of how many years?
drill Florida Statutes, Rules and Regulations Pertinent to Personal Lines Insurance → - Under Florida law, an owner or operator convicted of driving under the influence after October 1, 2007, must maintain increased liability limits for a minimum period of how many years?
drill Florida Statutes, Rules and Regulations Pertinent to General Lines Insurance →