Home
Menu
904-383-7448
F.S. 324.031 on Google Scholar

F.S. 324.031 on Casetext

Amendments to 324.031


The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B)

Title XXIII
MOTOR VEHICLES
Chapter 324
FINANCIAL RESPONSIBILITY
View Entire Chapter
F.S. 324.031 Florida Statutes and Case Law
324.031 Manner of proving financial responsibility.The owner or operator of a taxicab, limousine, jitney, or any other for-hire passenger transportation vehicle may prove financial responsibility by providing satisfactory evidence of holding a motor vehicle liability policy as defined in s. 324.021(8) or s. 324.151, which policy is issued by an insurance carrier which is a member of the Florida Insurance Guaranty Association. The operator or owner of any other vehicle may prove his or her financial responsibility by:
(1) Furnishing satisfactory evidence of holding a motor vehicle liability policy as defined in ss. 324.021(8) and 324.151;
(2) Furnishing a certificate of self-insurance showing a deposit of cash in accordance with s. 324.161; or
(3) Furnishing a certificate of self-insurance issued by the department in accordance with s. 324.171.

Any person, including any firm, partnership, association, corporation, or other person, other than a natural person, electing to use the method of proof specified in subsection (2) shall furnish a certificate of deposit equal to the number of vehicles owned times $30,000, to a maximum of $120,000; in addition, any such person, other than a natural person, shall maintain insurance providing coverage in excess of limits of $10,000/20,000/10,000 or $30,000 combined single limits, and such excess insurance shall provide minimum limits of $125,000/250,000/50,000 or $300,000 combined single limits. These increased limits shall not affect the requirements for proving financial responsibility under s. 324.032(1).

History.s. 1, ch. 29963, 1955; ss. 13, 35, ch. 69-106; s. 3, ch. 85-320; s. 12, ch. 87-225; s. 1, ch. 92-29; s. 89, ch. 94-306; s. 945, ch. 95-148; s. 3, ch. 2002-282; s. 67, ch. 2013-160.
Note.Former s. 324.02.

Statutes updated from Official Statutes on: March 07, 2023
F.S. 324.031 on Google Scholar

F.S. 324.031 on Casetext

Amendments to 324.031


Arrestable Offenses / Crimes under Fla. Stat. 324.031
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 324.031.


Civil Citations / Citable Offenses under S324.031
R or S next to points is Mandatory Revocation or Suspension

Current data shows no reason a civil citation or a suspension or revocation of license should have been issued under Florida Statute 324.031.


Annotations, Discussions, Cases:

  1. Young v. Progressive Southeastern Insurance Co.

    753 So. 2d 80 (Fla. 2000)   Cited 83 times
    Therefore, the policy reasoning of Mullis is met by self-insurance meeting the requirements section 324.031(4), which complies with the statute just as much as a commercial policy meeting the requirements of section 324.031(1).
    PAGE 89
  2. Mears Transp. Group v. State

    34 F.3d 1013 (11th Cir. 1994)   Cited 17 times
    Plaintiffs-appellees, for-profit passenger transportation companies and the risk retention group from which they purchase insurance, challenge the validity of Fla.Stat. ch. 324.031, which requires owners and operators of for-hire transportation vehicles to prove financial responsibility by maintaining certain specified insurance coverage. Specifically, plaintiffs-appellees contend that Fla.Stat. ch. 324.031 violates and is preempted by the federal Liability Risk Retention Act, 15 U.S.C. § 3901-3906. On cross-motions for summary judgment, the district court agreed with plaintiffs-appellees and permanently enjoined enforcement of Fla.Stat. ch. 324.031. Because we find that Fla.Stat. ch. 324.031 is precisely the type of state law that Congress expressly excepted from the preemption provisions of the Liability Risk Retention Act, we reverse.
  3. Lipof v. Florida Power and Light Co.

    596 So. 2d 1005 (Fla. 1992)   Cited 10 times
    The Fourth District Court of Appeal addressed the issue of Florida Power's duty as a self-insurer. Under section 324.031(4), Florida Statutes (1983), a person may prove financial responsibility by furnishing a certificate of self-insurance issued by the department. The record before us does not reflect that Florida Power complied with section 324.031 in this manner. Thus, we do not reach the issue of whether the law requires a self-insured employer who offers an employee compliance with section 324.031 to also offer the employee uninsured motorist coverage.
    PAGE 1008
  4. Diversified Services, Inc. v. Avila

    606 So. 2d 364 (Fla. 1992)   Cited 13 times
    Section 324.031, Florida Statutes (1989), provides in relevant part:
    PAGE 365
  5. Vargas v. Enterprise Leasing Company

    60 So. 3d 1037 (Fla. 2011)   Cited 22 times
    (1)(b) A person who is either the owner or a lessee required to maintain insurance under s. 324.021(9)(b ) and who operates limousines, jitneys, or any other for-hire passenger vehicles, other than taxicabs, may prove financial responsibility by furnishing satisfactory evidence of holding a motor vehicle liability policy as defined in s. 324.031.
    PAGE 1044
  6. Vargas v. Enterprise Leasing Co.

    993 So. 2d 614 (Fla. Dist. Ct. App. 2008)   Cited 25 times
    The 1955 Law's definition of "financial responsibility" is contained in the definition of the term "proof of financial responsibility"; it is the "ability to respond in damages for liability, on account of accidents arising out of the use of a motor vehicle," in the amounts of $5,000, $10,000, or $20,000, depending on the circumstances. § 324.021(7), Fla. Stat. (1955). The 1955 law provided four ways to prove financial responsibility: an insurance policy, a bond, a cash deposit with the state treasurer, or a certificate of self insurance. § 324.031, Fla. Stat. (1955); see § 324.031(1)-(4), Fla. Stat. (2007).
    PAGE 620
  7. Gabriel v. Travelers Indem. Co.

    515 So. 2d 1322 (Fla. Dist. Ct. App. 1987)   Cited 5 times
    Furthermore, we find that the City's failure to obtain a certificate is relevant only as a matter of proof of financial responsibility. The certificate is not the sole means of demonstrating self-insurance because section 324.031 does not supersede other statutorily authorized methods of proving financial responsibility. Section 324.031 should be considered in conjunction with section 768.28(13) in keeping with the accepted principle that courts should construe statutes governing the same general field as in harmony. Mann v. Goodyear Tire Rubber Co., 300 So.2d 666 (Fla. 1974); Markham v. Blount, 175 So.2d 526 (Fla. 1965); Graham v. Edwards, 472 So.2d 803 (Fla. 3d DCA 1985), review denied, 482 So.2d 348 (Fla. 1986); City of Coral Gables v. Board of Pub. Instruction of Dade County, 313 So.2d 92 (Fla. 3d DCA 1975), cert. denied, 330 So.2d 14 (Fla. 1976). The record affords ample proof that the City is self-insured pursuant to section 768.28(13), and consequently, Gabriel is not entitled to obtain uninsured motorist benefits. We note our express conflict with Johns insofar as it holds that a certificate of self-insurance is the sole proof of municipal financial…
    PAGE 1324
  8. Zeichner v. City of Lauderhill

    732 So. 2d 1109 (Fla. Dist. Ct. App. 1999)   Cited 3 times
    [t]he certificate is not the sole means of demonstrating self-insurance because section 324.031 does not supersede other statutorily authorized methods of proving financial responsibility. Section 324.031 should be considered in conjunction with section 768.28(13) [now 768.28(15)] in keeping with the accepted principle that courts should construe statutes governing the same general field as in harmony.
    PAGE 1112
  9. The options for proving financial responsibility, as prescribed in § 324.031(1), include:
    PAGE 13