§ 27-230. Insurance.  


Latest version.
  • Each business/owner shall maintain general liability insurance with a combined single limit for death, bodily injury and property damage liability in an amount not less than $1,000,000.00 per occurrence and an aggregate of not less than $2,000,000.00. In addition, a no-fault medical payment policy/coverage form must be maintained in an amount not less than $10,000.00 per person. The policy or policies must provide protection consistent with the operation of non-motorized vehicles.

    All such insurance policies shall be written by companies with an A.M. Best rating of A- or better and authorized to transact business in the state. A certificate of insurance, which documents the policy period and above referenced liability amounts, must be filed with the Department and Transportation and Mobility every six (6) months and approved by the city's Risk Manager prior to insurance or renewal of any permit. All such policies shall be kept in full force and effect at all times any non-motorized vehicle is operated within the city.

(Code 1953, § 42-102; Ord. No. C-88-32, § 1, 5-3-88; Ord. No. C-14-20, § 26, 4-15-14 )