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(A) No person shall operate a taxicab company or transportation company nor operate any motor driven or other vehicle used to provide public transportation service for hire without having in effect public liability insurance, as specified herein.
(B) A policy or certificate of liability insurance, covering both passengers and third parties, indemnifying the taxicab company, transportation company or touring service company in the following minimum amounts: for vehicles with maximum passenger capacity of 12 or less persons, $100,000 for injury or death to one person, $500,000 for injury or death to more than one person and $50,000 for property damage in any one accident arising out of the operation of any of the company’s vehicles.
(C) Such policy or certificate shall be provided by an insurance or liability carrier authorized to issue this type of insurance in the State of Ohio and shall contain a provision obligating the insurance carrier to give 15 days’ written notice to the Mayor’s office before cancellation or termination of the insurance. Such policy or certificate shall list the manufacturer’s serial number and the Ohio license plate number for each vehicle covered therein. The policy or certificate shall be re-filed with the Mayor’s office whenever any vehicle is deleted from the transportation service of the insured or a vehicle is added to the transportation service of the insured.
(Prior Code, § 856.11) (Ord. 191-2010, passed 12-20-2010)