                                 CODE OF VIRGINIA

EVIDENCE OF FINANCIAL RESPONSIBILITY REQUIRED OF LICENSED PESTICIDE BUSINESS (§
3.2-3927)

A. The Board shall not issue a pesticide business license until the business has
furnished evidence of financial responsibility, consisting of a liability
insurance policy from a person authorized to do business in the Commonwealth
that protects persons who suffer legal damages as a result of the use of any
pesticide by the applicant. Financial responsibility need not apply to damages
or injury to agricultural crops, plants, or property being worked upon by the
applicant. The Board by regulation may establish and prescribe the conditions
for financial responsibility.

B. The amount of financial responsibility shall be established by the Board at a
minimum of $100,000 for property damage; $100,000 for personal injury to or
death of one person; and $300,000 per occurrence. The Board may accept a
liability insurance policy containing a deductible clause in an amount
considered usual and customary in the industry, with the provision that the
insurer shall pay all claims in full and that the amount of the deductible shall
be recoverable only from the insured. The Board may adopt regulations governing
the provision of additional evidence of financial responsibility based upon
annual gross revenue of the applicant or his employer&#8217;s business and an
assessment of the risks of the applicant or his employer&#8217;s business to
persons, property, and the environment. Such financial responsibility shall be
maintained at not less than such amount at all times during the licensed period.
The applicant shall notify the Board 10 days prior to any reduction at the
request of the applicant or cancellation by the insurer.

HISTORY: 1975, c. 377, § 3.1-249.9; 1981, c. 260; 1984, c. 272; 1987, cc. 258,
291; 1989, c. 575, § 3.1-249.49; 1993, c. 773; 2008, c. 860.