§ 82-14 Compliance with Law – Insurance Coverage.
RCNY § 82-14
(a)Maintain Insurance Coverage.
(1)Street Hail Livery Licensees must ensure that the Street Hail Livery is covered by liability insurance in the form of a bond or an insurance policy that fully complies with the New York State Vehicle and Traffic Law and the New York State Insurance Law.
(2)Licensees must maintain all other forms of insurance required by law. 35 RCNY § 82-14(a)Fine: $150 - $350 and/or suspension up to 30 daysAppearance REQUIRED (b) Submit Proof of Insurance. Every year in which a Licensee files an application to renew the License of one or more Street Hail Liveries, the Licensee must, at that time, provide the Commission with the name and address of the Licensee's insurance carrier and the policy number for the Licensee's Street Hail Livery, along with proof of coverage. 35 RCNY § 82-14(b)Fine: $100Appearance REQUIRED (c) Notification of Changes in Insurance Coverage. A Licensee must notify the Commission in writing within 7 business days of any of the following: (1) Receipt of notice that Licensee's required liability insurance has been cancelled; (2) A change of insurance carrier; (3) A change in the policy number of Licensee's liability insurance. 35 RCNY § 82-14(c)Fine: $100Appearance NOT REQUIRED (d) Coverage Requirements.
(i)A Licensee must immediately report to the Commission in writing all Collisions that are required to be reported to the Department of Motor Vehicles (as required by § 605 of the Vehicle and Traffic Law) that involve the Licensee's Street Hail Livery.
(ii)A Licensee must also provide to the Commission a copy of any legally required report filed with the NYS Department of Motor Vehicles, within 10 days of the date the report is due to be filed with the Department of Motor Vehicles. 35 RCNY § 82-14(e)(2)Fine: $150 and $25 for each day of violation thereafter and suspension until complianceAppearance REQUIRED (f) Surrender Rate Card and License upon Termination of Insurance. A Licensee must either: (1) Surrender the Street Hail Livery's Rate Card, License and Decal(s) to the Commission on or before the termination date of the vehicle's insurance, or (2) Submit proof of new insurance effective on the date of termination of the old policy. 35 RCNY § 82-14(f)Fine: $50Appearance NOT REQUIRED (Amended City Record 9/22/2016, eff. 10/22/2016; amended City Record 9/25/2025, eff. 3/1/2026)
