Sec. 6. (a) The minimum standards for financial responsibility for a recovery vehicle with a gross vehicle weight rating greater than sixteen thousand (16,000) pounds are a combined single limit of seven hundred fifty thousand dollars ($750,000) for bodily injury and property damage in any one (1) accident or as follows:
(1) Subject to the limit set forth in subdivision (2), five hundred thousand dollars ($500,000) for bodily injury to or the death of one (1) individual.
(2) One million dollars ($1,000,000) for bodily injury to or the death of two (2) or more individuals in any one (1) accident.
(3) One hundred thousand dollars ($100,000) for damage to or the destruction of property in one (1) accident.
(b) The minimum standards for financial responsibility for a recovery vehicle with a gross vehicle weight rating equal to or less than sixteen thousand (16,000) pounds are a combined single limit of three hundred thousand dollars ($300,000) for bodily injury and property damage in any one (1) accident or as follows:
(1) Subject to the limit set forth in subdivision (2), one hundred thousand dollars ($100,000) for bodily injury to or the death of one (1) individual.
(2) Three hundred thousand dollars ($300,000) for bodily injury to or the death of two (2) or more individuals in any one (1) accident.
(3) Fifty thousand dollars ($50,000) for damage to or the destruction of property in one (1) accident.
(c) A person that operates a recovery vehicle in violation of this section commits a Class B infraction.
[Pre-1991 Recodification Citation: 9-7-14-7.5.]
As added by P.L.2-1991, SEC.13. Amended by P.L.198-2016, SEC.541.
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