198B.668 Insurance requirements.
143 words·~1 min read·
/ky/chapter-198b/198b-668A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)No person, firm, or corporation shall practice heating, ventilation, and air
conditioning contracting unless that person, firm, or corporation maintains
general liability insurance in an amount not less than five hundred thousand
dollars ($500,000) and property damage insurance in an amount not less than
three hundred thousand dollars ($300,000) underwritten by an insurance
carrier licensed and approved by the Kentucky Department of Insurance.
(2)Proof of insurance shall be submitted to the department prior to issuance or
renewal of a license.
(3)Proof of insurance, as required by subsection
(1)of this section, shall exempt
licensees from the requirement of obtaining separate insurance in local
jurisdictions under any local licensing laws.
(4)No license shall be valid without the insurance required by this section.
Insurance carriers shall notify the department upon cancellation of the
insurance of any licensee required to maintain insurance.