ENROLLED
ACT No. 747
2024 Regular Session
HOUSE BILL NO. 879
BY REPRESENTATIVE FARNUM
1 AN ACT
2 To amend and reenact R.S. 45:163(D), relative to insurance and indemnity bonds; to
3 eliminate the requirement for a three thousand dollar C.O.D. bond from common
4 carriers of freight by motor vehicles; to require trucks transporting specific products
5 to carry specific insurance coverages; to require certain coverage amounts on trucks
6 transporting waste; and to provide for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1. R.S. 45:163(D) is hereby amended and reenacted to read as follows:
9 ยง163. Powers of commission; rates; insurance policies or bonds
10 * * *
11 D.(1) The commission shall require the following policies of insurance and
12 indemnity bonds:
13 (a) Three thousand dollars C.O.D. bond from all common carriers of freight
14 by motor vehicle.
15 (b) (a) Public liability and property damage insurance on trucks transporting
16 household goods and salt water utilized in oil well exploration and production and
17 passenger carrying vehicles operated by both common and contract carriers
18 providing coverage of two hundred fifty thousand dollars for injury or death to any
19 one person not to exceed five hundred thousand dollars per occurrence, and ten
20 twenty-five thousand dollars property damage.
21 (b) Public liability and property damage insurance for tow trucks or wreckers
22 providing coverage of not less than five hundred thousand dollars combined single
23 limits coverage.
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 879 ENROLLED
1 (c) Public liability and property damage insurance on trucks transporting
2 waste by both common and contract carriers providing coverage of not less than
3 seven hundred fifty thousand dollars combined single limits coverage.
4 (c) (d) Public liability insurance on passenger buses providing coverage of
5 two hundred fifty thousand dollars for injury or death to any one person not to
6 exceed five hundred thousand dollars per occurrence, and property damage insurance
7 on passenger buses providing coverage of ten twenty-five thousand dollars.
8 (2) These insurance policies and indemnity bonds shall be written by
9 companies qualified to do business in this state.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.