(a) A permit issued under this chapter is valid for one year. The department may adopt a system under which permits expire at different times during the year.
(b) The department shall notify the permit holder at least 30 days before the date a permit expires. The notice must be in writing and sent to the permit holder's last known address according to the records of the department.
(c) A permit holder may renew a permit under this chapter by:
(1) paying a fee for each tow truck; and
(2) providing to the department evidence of continuing insurance or financial responsibility in an amount required by this chapter.