MOTOR VEHICLE
RENTAL INSURANCE
TYPE AND
CLASSES:
- 2-23 Motor Vehicle Rental Insurance
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Florida Statutes
626.321 (d) defines a “ MOTOR VEHICLE RENTAL INSURANCE” as a license
covering rental or lease of a motor vehicle. The license may be issued
only to the full-time salaried employee of a licensed general lines agent or
to a business entity that offers motor vehicles for rent or lease if
insurance sales activities authorized by the license are in connection with
and incidental to the rental or lease of a motor vehicle.
Application
Qualifications:
If Nonresident, two
fingerprint cards are mailed to the applicant for each majority owner,
partner, officer and director of the agency.
Special
Notes
The Application for licensure must
list the name, address, and phone number for each office, branch office,
or place of business that is to be covered by the license. The
licensee shall notify the department of the name, address, and phone
number of any new location that is to be covered by the licensee before
the new office, branch office, or place of business engages in the sale
of insurance pursant to this paragraph. The licensee shall notify
the department within 30 days after closing or termination an office,
branch office or place of business. Upon receipt of notice, the
department shall delete the office, branch office, or place of business
from the license.
A licensed or appointed entity is
directly responsible and accountable for all acts of the licensed
employees.
Each
office, branch office or place of business making use of the entity’s
business name must file an “Application for Branch Office” after the
primary location obtains the license.
