|(a) You do not have to have liability insurance that
meets the requirements of §746.203 of this division (relating
to What are the liability insurance requirements?) if you cannot carry
(1) Of financial reasons;
(2) You are unable to locate an underwriter who is
willing to issue a policy to the operation; or
(3) You have already exhausted the limits of a policy
that met the requirements.
(b) If you cannot carry liability insurance or stop
carrying the insurance because of a reason listed in subsection (a)
of this section, you must send written notification to Licensing by
the anniversary date of the issuance of your permit. Your notification
must include the reason that you cannot carry the insurance.