Compliance with Law – Vehicle Insurance Coverage.
35 RCNY § 59A-12
in effect§ 59A-12 Compliance with Law – Vehicle Insurance Coverage.
(a) Maintain Liability Insurance.
(1) A For-Hire Vehicle Owner must maintain the required insurance coverage on all of Owner's Vehicles at all times.
(2) When a For-Hire Vehicle Owner receives notice that his or her liability insurance is to be terminated, Owner must surrender the For-Hire Vehicle License and Decal(s) to the Commission on or before the termination date of the insurance.
(3) This requirement will not apply if the Owner of the Vehicle submits, before the termination of the policy, proof of new insurance effective on the date of termination of the old policy.
35 RCNY § 59A-12(a) Fine: $150 - $350 and/or suspension up to 30 days Appearance REQUIRED
(b) Notification to Commission of Changes in Insurance Coverage. Within seven days, not including holidays and weekends, a For-Hire Vehicle Owner must notify the Commission in writing of any change in insurance carrier or coverage, specifying the name and address of the new and the former insurance carriers and the number of the policy for each affiliated Vehicle. The Owner must submit proof of such coverage.
35 RCNY § 59A-12(b) Fine: $100 Appearance REQUIRED
(c) Coverage Requirements. No Commission-licensed Vehicle can be operated unless it is covered by policies of insurance approved as to form by the Commission and issued by companies authorized to do business in this State by the Superintendent of Insurance.
(1) General Coverage for Vehicles with Seating Capacity of Less than Eight. For the purposes of insurance or other financial security, each Owner of a For-Hire Vehicle with a seating capacity of less than eight passengers (not including the Driver) must maintain coverage for each Vehicle owned in amounts not less than the following:
(i) $100,000 per person, payable for those expenses specified in paragraphs 1, 2 and 3 of subdivision a of section 5102 of the New York State Insurance Law;
(ii) $100,000 minimum liability and $300,000 maximum liability for bodily injury and death, as those terms are described and defined in section 370(1) of the Vehicle and Traffic Law; and
(iii) $10,000 minimum liability for injury to or destruction of property.
35 RCNY § 59A-12(c)(1) Fine: $350 and suspension until compliance Appearance REQUIRED
(2) Coverage for Vehicles with Seating Capacity of Eight to Fifteen. Each Owner of a For-Hire Vehicle with a seating capacity of at least eight but not more than 15 Passengers (not including the Driver) must maintain coverage for each Vehicle owned in amounts not less than the following:
(i) $100,000 per person, payable for those expenses specified in paragraphs 1, 2 and 3 of subdivision a of section 5102 of the New York State Insurance Law; and
(ii) $1,500,000 minimum liability for bodily injury or death to one or more persons, and because of injury to or destruction of property in any one accident, as those terms are described and defined in section 370(1) of the Vehicle and Traffic Law.
35 RCNY § 59A-12(c)(2) Fine: $350 and suspension until compliance Appearance REQUIRED
(3) Special Coverage for Luxury Limousines with Seating Capacity of Less than Eight. Each Owner of a Luxury Limousine with a seating capacity of fewer than eight Passengers must maintain coverage for each Vehicle in an amount of not less than:
(i) $100,000 per person, payable for those expenses specified in paragraphs 1, 2 and 3 of subdivision a of section 5102 of the New York State Insurance Law;
(ii) $500,000 per accident where one person is injured; and
(iii) $1,000,000 per accident for all persons injured in that accident.
(4) Coverage for For-Hire Vehicles with Seating Capacity of Sixteen or More. Each Owner of a For-Hire Vehicle with a seating capacity of at least 16 Passengers (not including the Driver) must maintain coverage for each Vehicle owned in amounts not less than the following:
(i) $100,000 per person, payable for those expenses specified in paragraphs 1, 2 and 3 of subdivision a of section 5102 of the New York State Insurance Law;
(ii) $5,000,000 minimum liability for bodily injury or death to one or more persons, and because of injury to or destruction of property in any one accident, as those terms are described and defined in section 370(1) of the Vehicle and Traffic Law.
35 RCNY § 59A-12(c)(3) Fine: $350 and suspension until compliance Appearance REQUIRED
(5) Policy Coverage Restrictions. Insurance policies covering Commission-licensed vehicles cannot have any limitations or restrictions on location or timeframes of coverage. Coverage provided under issued policies must be for 24 hours per day, 7 days per week, regardless of vehicle use or purpose.
(6) Excess policies may be used to satisfy the Commission’s minimum coverage requirements with a company authorized to do business in this State by the Superintendent of Insurance.
(7) Policy Information Required. Documentation submitted to the Commission for each vehicle covered by a policy must contain the vehicle identification number for each such vehicle, effective and end dates of the policy, coverage amounts, and Certificates of Liability.
(i) Declaration pages are required upon Commission request and must contain the schedule of covered vehicles and the policy number.
(ii) All documentation must be submitted electronically in a form approved by the Commission.
35 RCNY § 59A-12(c)(5), (6) & (7) Fine: $350 and suspension until compliance Appearance REQUIRED
(d) Report of Collisions to Carrier and the Commission.
(1) Report to Carrier. A For-Hire Vehicle Owner must immediately report in writing to Owner's insurance carrier all Collisions that are required to be reported to the insurance carrier involving Owner's For-Hire Vehicle(s).
35 RCNY § 59A-12(d)(1) Fine: $500 - $1,000 Appearance REQUIRED
(2) Report to Commission.
(i) A For-Hire Vehicle Owner must immediately report in writing to the Commission all Collisions that are required to be reported to the Department of Motor Vehicles (under § 605 of the Vehicle and Traffic Law) involving Owner's Vehicle(s).
(ii) A copy of the report sent to the Department of Motor Vehicles must also be provided to the Commission within 10 days from the date by which the Owner is required to file the report with the DMV.
35 RCNY § 59A-12(d)(2) Fine: $150 and $25 for each day of violation thereafter and suspension until compliance Appearance REQUIRED
(Amended City Record 9/22/2016, eff. 10/22/2016; amended City Record 5/10/2023, eff. 6/9/2023; amended City Record 2/4/2025, eff. 1/1/2026; amended City Record 9/25/2025, eff. 3/1/2026)
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-68291Fetched: 10/24/2026