Page:United States Statutes at Large Volume 68 Part 1.djvu/166

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134

PUBLIC LAW 365-MAY 25, 1954

[68 S T A T.

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(2) Said insurance carrier shall agree in writing that such policies shall be deemed to conform with the laws of the District of Columbia relating to the terms of motor-vehicle liability policies issued therein. SEC. 56. DEFAULT BY NONRESIDENT INSURER,—If any insurance carrier not authorized to transact business in the District of Columbia, which has qualified to furnish proof of financial responsibility, defaults in any said undertakings or agreements, the Commissioners shall not thereafter accept as proof any certificate of said carrier whether theretofore filed or thereafter tendered as proof, so long as such default continues. SEC. 57. "MOTOR-VEHICLE LIABILITY POLICY*' DEFINED—(a) CERTI-

FICATION.—A "motor-vehicle liability policy" as said term is used in this Act shall mean an "owner's policy" or an "operators policy" of liability insurance, certified as provided in section 54 or section 55 as proof of financial responsibility for the future, and issued, except as otherwise provided in section 55, by an insurance carrier duly authorized to transact business in the District of Columbia to or for the benefit of the person named therein as insured. (b) OWNER'S POLICY.—Such owner's policy of liability insurance—• 1. shall designate by explicit description or by appropriate reference all vehicles with respect to which coverage is thereby to be granted; and 2. shall insure the person named therein and any other person as insured, using any such vehicle or vehicles with the express or implied permission of such named insured, against loss from the liability imposed by law for damages arising out of the ownership, maintenance, or use of such vehicle or vehicles within the United States of America or the Dominion of Canada, subject to limits exclusive of interest and costs, with respect to each such vehicle, as follows: $10,000 because of bodily injury to or death of one person in any one accident and, subject to said limit for one person, $20,000 because of bodily injury to or death of two or more persons in any one accident, and $5,000 because of injury to or destruction of property of others in any one accident. (c) OPERATOR'S POLICY.—Such operator's policy of liability insurance shall insure the person named as insured therein against loss from the liability imposed upon him by law for damages arising out of the use by him of any motor vehicle not owned by him, within the same territorial limits and subject to the same limits of liability as are set forth above with respect to an owner's policy of liability insurance. (d) REQUIRED STATEMENTS IX POLICIES.—Such motor vehicle liability policy shall state the name and address of the named insured, the coverage afforded by the policy, the premium charged therefor, the policy period, and the limits of liability, and shall contain an agreement or be endorsed that insurance is provided thereunder in accordance with the coverage defined in this act as respects bodily injury and death or property damage, or both, and is subject to all the provisions of this Act. (e) POLICY NEED NOT INSURE WORKMEN'S COMPENSATION, ETC.—Such

motor-vehicle liability policy need not insure any liability under any workmen's compensation law nor any liability on account of bodily injury to or death of an employee of the insured while engaged in the employment, other than domestic, of the insured, or while engaged in the operation, maintenance, or repair of any such vehicle nor any liability for damage to property owned by, rented to, in charge of, or transported by the insured.