§ 25-22. Insurance requirements.

(a)

No permit shall be issued under this chapter, nor shall such permit be valid after issuance, nor shall any taxicab service operation be conducted unless there is at all times in force and effect commercial liability insurance meeting the requirements of Texas Law for vehicles for hire (taxicabs) with a minimum personal injury protection endorsement.

(b)

The maximum amount of recovery in a policy of insurance required by this article shall not be less than the state minimum.

(c)

Each policy must contain a cancellation provision or coverage change endorsement that provides thirty (30) days notice to the city before the policy is canceled or materially changed to reduce or restrict the coverage. The notice must be mailed to the chief of police or designated representative.

(d)

The city must be included as an additional insured on each policy. The permit holder shall be responsible for all premiums and applicable deductibles of such policy.

(e)

All policies shall be approved by the city and shall be issued by an insurance company licensed to do business in the State of Texas.

(f)

Any operator shall indemnify and hold harmless the city from and against all liability arising out of the operator's permitted activities hereunder.

(Ord. No. 2014-02, § 1, 3-18-2014)