The bill amends section 627.748 of the Florida Statutes to revise the automobile insurance requirements for transportation network companies (TNCs) and their drivers. It specifies that while a participating TNC driver is logged onto the digital network but not engaged in a prearranged ride, or while engaged in a prearranged ride but without a rider in the vehicle, the driver must maintain a primary automobile liability coverage of at least $50,000 for death and bodily injury per person, $100,000 per incident, and $25,000 for property damage. Additionally, personal injury protection benefits and uninsured/underinsured vehicle coverage are required. The coverage can be satisfied through insurance maintained by the TNC driver, the TNC vehicle owner, or a combination of both.

Furthermore, when a TNC driver is engaged in a prearranged ride with a rider in the vehicle, the required primary automobile liability coverage increases to at least $1 million for death, bodily injury, and property damage. The bill maintains similar provisions for personal injury protection and uninsured/underinsured vehicle coverage as previously stated. The effective date for this act is set for July 1, 2025.