Section 173-360-420. Insurance and risk retention group coverage.

Latest version.

(1) An owner or operator may satisfy the requirements of WAC 173-360-406 by obtaining liability insurance that conforms to the requirements of this section from a qualified insurer or risk retention group. Such insurance may be in the form of a separate insurance policy or an endorsement to an existing insurance policy.

(2) Each insurance policy shall be amended by an endorsement worded as specified in WAC 173-360-476 or evidenced by a certificate of insurance worded as specified in WAC 173-360-480, except that instructions in brackets shall be replaced with the relevant information and the brackets deleted.

(3) Each insurance policy shall be issued by an insurer or a risk retention group that, at a minimum, is licensed to transact the business of insurance or eligible to provide insurance as an excess or surplus lines insurer in one or more states.

[Statutory Authority: Chapter 90.76 RCW. WSR 90-24-017, § 173-360-420, filed 11/28/90, effective 12/29/90.]

Chapter 90.76 RCW. WSR 90-24-017, § 173-360-420, filed 11/28/90, effective 12/29/90.

Rules

173-360-406,173-360-476,173-360-480,

                    
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