Georgia Code
Chapter 34 - Motor Vehicle Accident Reparations
§ 33-34-5.1. Self-Insurers

Click to view
Number of Vehicles Required Security 1-50 $150,000.00 51-100 $200,000.00 101-150 $300,000.00 151-200 $350,000.00 201-250 $400,000.00 251-350 $500,000.00 351 or more $600,000.00
History. Ga. L. 1951, p. 565, § 16; Ga. L. 1956, p. 543, § 20; Ga. L. 1963, p. 593, § 10; Code 1933, § 68C-602, enacted by Ga. L. 1977, p. 1014, § 1; Code 1981, § 40-9-101 ; Ga. L. 1985, p. 989, § 1; Ga. L. 1988, p. 1488, § 1; Ga. L. 1994, p. 1931, § 2; Ga. L. 1995, p. 1060, § 1; Ga. L. 1995, p. 1348, § 9; Ga. L. 1996, p. 1079, § 2; Ga. L. 1997, p. 1042, § 2; Ga. L. 1998, p. 1205, § 1; Ga. L. 1999, p. 560, § 1A; Ga. L. 2000, p. 1246, § 15; Code 1981, § 33-34-5.1 , as redesignated by Ga. L. 2000, p. 1246, § 16; Ga. L. 2010, p. 100, § 1/HB 656; Ga. L. 2011, p. 752, § 33/HB 142; Ga. L. 2019, p. 386, § 113/SB 133.
The 2019 amendment, effective July 1, 2019, in subparagraph (a)(3)(C), substituted “To” for “Except as otherwise provided in subparagraph (D) of this paragraph, on or after July 1, 1994, to” at the beginning, inserted “of paragraph (3)” in the middle; deleted former subparagraph (a)(3)(D), which read: “Any person operating as a self-insurer pursuant to a certificate of self-insurance issued prior to July 1, 1994, shall be allowed a transition period in which to meet the requirements of subparagraph (C) of this paragraph; provided, however, that, except as provided in subparagraph (G) of this paragraph, on and after December 31, 1995, all self-insurers under this paragraph shall comply fully with the requirements of subparagraph (C) of this paragraph. The Commissioner shall promulgate rules and regulations relative to the transition period for compliance provided in this subparagraph.”; redesignated former subparagraphs (a)(3)(E) through (a)(3)(G) as present subparagraphs (a)(3)(D) through (a)(3)(F), respectively; and substituted “Each year,” for “Beginning July 1, 1994, and each year thereafter,” at the beginning of subparagraph (a)(3)(D).
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1988, “claims-handling” was hyphenated in paragraphs (a)(1) and (a)(2).
Pursuant to Code Section 28-9-5, in 1996, “that, except” was substituted for “that except” in the first sentence of subparagraph (a)(3)(D) and “(C)” was substituted for “(c)” in subparagraph (a)(3)(G).
Editor’s notes.
Ga. L. 2000, p. 1246, §§ 15 and 16, effective July 1, 2000, amended and then redesignated as this Code section the former provisions of Code Section 40-9-101.
Law reviews.
For article surveying developments in Georgia insurance law from mid-1980 through mid-1981, see 33 Mercer L. Rev. 143 (1981).

Structure Georgia Code