A. No person shall operate any vehicle as a taxicab unless that vehicle is covered by commercial liability insurance providing coverage of not less than $500,000 per occurrence in combined single limit for bodily injury and property damage claims, or $500,000 per occurrence for bodily injury and $100,000 per occurrence for property damage. Liability coverage shall be provided on an “occurrence” not “claims” basis. A certificate of insurance coverage, evidencing insurance coverage in compliance with this Section, shall be filed with the City Recorder. The City of Ashland, its officers, employees, and agents shall be named as additional insured’s.
1. The limits of insurance coverage required under this Section shall be subject to any statutory changes regarding the minimum limits of liability required for taxicab companies.
2. Insurance policies for all vehicles operating as taxicabs shall contain a provision that the policy will not be reduced in coverage or canceled without 30 days prior written notice to the City Recorder.
3. Failure to maintain adequate insurance as required under this Section shall be cause for immediate suspension or revocation of a Taxicab Company Certificate.
B. All Taxicab companies and drivers that receive a Certificate or a permit, shall, to the extent permitted by law, agree to defend, indemnify and hold harmless the City, its officers and employees, from and against any and all damages, losses and expenses, including reasonable attorney’s fees and costs of suit or defense, arising out of, resulting from or alleged to arise out of or result from any claims for damages to property, or injury to persons, which may occur in connection with the operation of a taxicab company or a taxicab under the terms of the Certificate or permit. (Ord. 2969, added, 10/21/2008; Ord. 2865 § 2, amended, 2001)