|(a) You do not have to have liability insurance that
meets the requirements of §742.403 of this subchapter (relating
to What are the liability insurance requirements?) if you are unable
to carry the insurance because:
(1) Of financial reasons;
(2) You are unable to locate an underwriter who is
willing to issue a policy to the home; or
(3) You have already exhausted the limits of a policy
that met the requirements.
(b) If you are unable to carry the 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 to operate
a listed family home. Your notification must include the reason that
you are unable to carry the insurance.