627.742  Nonpublic sector buses; additional liability insurance coverage.--

(1)  In addition to any other insurance requirements, each nonpublic sector bus must carry:

(a)  Proof of ability to respond in damages for liability on account of accidents arising out of the use of the nonpublic sector bus:

1.  In the amount of $100,000 because of bodily injury to, or death of, one person in any accident;

2.  Subject to such limits for one person, in the amount of $300,000 because of bodily injury to, or death of, two or more persons in any one accident; and

3.  In the amount of $50,000 because of injury to, or destruction of, property of others in any one accident; or

(b)  A policy of insurance providing for bodily liability insurance and property damage liability in a sum of not less than $300,000.

(2)  School buses subject to the provisions of chapter 234 or s. 316.615 are exempt from the provisions of this section.