Ohio Administrative Code › Title 3901 - Department of Insurance › Chapter 3901-5 - Agents, Licensing, Continuing Education › Section 3901-5-10 - Rental car insurance agent limited license

Current through all regulations passed and filed through July 1, 2024
(A) Purpose
The purpose of this rule is to set forth procedures and
				requirements for the issuance of a limited authority rental car agent
				license. Paragraph (F) of rule
				3901-5-09 of the Administrative
				Code authorizes a limited lines license for rental car insurance.
(B) Authority
This rule is promulgated pursuant to the authority vested in
				the superintendent under sections
				3901.041 and
				3905.28 of the Revised
				Code.
(C) Definitions
For the purposes of this rule:
(1) "Endorsee" means an employee of a rental
			 car agent or any authorized representative who meets the requirements of this
			 rule.
(2) "Person" means an
			 individual or a business entity.
(3) "Rental agreement" means any written
			 master, corporate, group or individual agreement setting forth the terms and
			 conditions governing the use of a rental car rented or leased by a rental car
			 company.
(4) "Rental car" means any
			 motor vehicle that is intended to be rented or leased for a period of less than
			 thirty consecutive days by a driver who is not required to possess a commercial
			 driver's license to operate the motor vehicle and the motor vehicle is either
			 of the following:
(a) A private passenger
			 motor vehicle, including a passenger van, minivan, or sports utility vehicle;
			 or
(b) A cargo vehicle, including a
			 cargo van, pickup truck, or truck with a gross vehicle weight of less than
			 twenty-six thousand pounds.
(5) "Rental car agent" means any rental car
			 company that is licensed by the superintendent and appointed by an insurer to
			 offer, sell, or solicit rental car insurance pursuant to this rule.
(6) "Rental car company" means any person in
			 the business of renting rental cars to the public.
(7) "Rental car insurance" means insurance
			 offered, sold, or solicited in connection with and incidental to the rental of
			 rental cars, whether at the rental office or by pre-selection of coverage in
			 master, corporate, group or individual agreements that:
(a) Is non-transferable;
(b) Applies only to the rental car that is
			 the subject of the rental agreement; and
(c) Is limited to the following kinds of
			 insurance:
(i) Personal accident insurance for
			 renters and other rental car occupants, for accidental death or dismemberment,
			 and for medical expenses resulting from an accident that occurs with the rental
			 car during the rental period;
(ii)
			 Liability insurance that provides protection to the renters and to other
			 authorized drivers of a rental car for liability arising from the operation or
			 use of the rental car during the rental period;
(iii) Personal effects insurance that
			 provides coverage to renters and other vehicle occupants for loss of, or damage
			 to, personal effects in the rental car during the rental period; and
(iv) Roadside assistance and emergency
			 sickness protection insurance.
(8) "Renter" means any person who executes a
			 rental agreement.