Commissioner of public safety prohibited from determining insurance requirements for towing vehicles.

HF 454 prohibits the Commissioner of Public Safety from requiring towing services to carry a specific minimum amount of insurance for vehicles being towed, if the vehicle is valued under $400,000. The bill defines "on-hook towing insurance" as liability coverage for a vehicle while attached to a tow truck. This change removes the Commissioner’s authority to set such insurance requirements, meaning towing businesses will no longer need to meet a mandated insurance level for lower-value vehicles. The law applies retroactively from August 1, 2023, affecting current and future insurance rules for towing services.