Title 5 - Business Licenses and Regulations

5.60.050 Liability Insurance Required.

There shall be filed with the City Clerk a certificate of insurance covering all vehicles operated under this chapter in such form as the City Clerk may deem proper, issued by an insurance company approved by the Insurance Commissioner of the state and authorized to do business in the state, insuring the public against injury, loss or damage resulting to persons or property from the use, maintenance and operation of any vehicle operated under this chapter for which such permit is granted in an amount of not less than fifty thousand dollars for injury to any one person and an amount of not less than one hundred thousand dollars for injury to all persons injured in any one occurrence; and property damage not less than ten thousand dollars per each occurrence; provided further that a certificate of insurance shall be filed with the City Clerk insuring the public against injuries or damage resulting from the use or consumption of any product dispensed under this chapter in an amount of not less than fifty thousand dollars for injury to any one person; and one hundred thousand dollars for injury to all persons injured in any one occurrence.

(History: Ord. SPS-553 §5, 69)

Effective on: 1/1/1901