For-hire insurance requirements

What does for-hire mean?

'For-hire' is defined as the business of carrying or transporting passengers for compensation (direct or indirect). 1 For-hire also includes private rental vehicles that are leased or rented to an individual or organization who is not the title owner; while the registration remains in the owner’s name.

 

Do I need for-hire insurance?

If you have a for-hire vehicle, you must have for-hire vehicle insurance. The only exceptions are buses and ambulances that do not carry passengers for a fee. 2

 

How long does my registration and insurance policy period last?

For-hire registrations and insurance policy periods last one year. Refer to the chart below to find your registration expiration date and policy period.

 

Registration and Policy Periods
Vehicle Class CodeVehicle TypeRegistration ExpirationPolicy Period
53 OMFBus (franchise)02/28 03/01 - 03/01
56 OMR Bus (regular)02/2803/01 - 03/01
52 OMSRental (private daily)09/3010/01 - 10/01
57 OMVRental (private daily vanity)09/3010/01 - 10/01
19 SCLSchool Car12/3101/01 - 01/01
20 HIRHearse / Invalid Coach12/3101/01 - 01/01
51 AMBAmbulance12/3101/01 - 01/01
54 OMTTaxiStaggeredVaries
55 OMLLiveryStaggeredVaries

 

What insurance documents do I need to register or renew my for-hire vehicle?

You must provide an Insurance Certificate (FH-1) or Corporate Surety Bond Certificate (FH-1B), unless your vehicle is a bus or ambulance that does not transport passengers for a fee. 3

 

How does DMV monitor the insurance status of my for-hire vehicle?

The insured status of for-hire vehicles is monitored through the Insurance Information & Enforcement System’s (IIES) insurer electronic reporting program.

 

What will happen if there is a lapse in my insurance coverage?

Any lapse of insurance coverage will result in a 30 day revocation of your vehicle registration and plates.  4