§ 6-11. Insurance.

Latest version.

Every operator shall procure, furnish and file with the city secretary a policy of insurance approved by the city attorney covering liability and property damage with the minimum amounts of liability thereunder as follows:
(1)

One hundred thousand dollars ($100,000.00) for any one (1) single personal injury on any one (1) person;

(2)

Three hundred thousand dollars ($300,000.00) for a personal injury in any one (1) single accident;

(3)

Fifty thousand dollars ($50,000.00) for property damage arising out of any single accident;

and shall contain a provision that a written notice of cancellation or reduction in coverage of such policy shall be delivered to the city thirty (30) days in advance of its effective date. Any and all investigation of claims filed by any person against the city arising out of any use or misuse of privileges granted to any operator shall be made by or at the expense of the operator or its insurer.

(Code 1965, § 6-10)

                    
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