(a) Every licensee shall comply with all insurance requirements mandated by Federal, State and City law. Except for licensees that have surrendered their licensees to the City or that have submitted an affidavit ascertaining that they have suspended operations, each applicant for the issuance or renewal of a license issued under this chapter must carry commercial automobile liability insurance for bodily injury and property damage and where applicable, worker's compensation insurance, from an insurance company authorized to insure in the State of Illinois, and qualified under the laws of Illinois to assume the risk in the amounts hereinafter set forth, to secure payment by the licensee, or his agents, employees or lessees of any final judgment or settlement of any claim against them resulting from any occurrence caused by or arising out of the operation or use of any of the licensee's public passenger vehicles.
Every insurance policy issued shall list the City of Chicago as an additional insured on a primary, noncontributory basis for any liability arising directly or indirectly from the licensee's operations.
(1) Liability insurance: Each automobile liability insurance policy shall provide at least the following minimum coverage for each licensed vehicle:
For each vehicle with capacity of 10 or more seats: | $1,000,000.00 combined single limit coverage per occurrence |
For each vehicle with a capacity of up to and including 9 seats: | $350,000.00 combined single limit coverage per occurrence |
Jitney car service vehicles: | $100,000.00 combined single limit coverage per occurrence |
(2) Worker's compensation:
(i) Any licensee who does not carry worker's compensation insurance shall have his license(s) immediately suspended until proof of such insurance is provided to the Commissioner. The licensee shall provide the Commissioner with a copy of the licensees' insurance verification for worker's compensation upon request of the Commissioner.
(ii) Any restricted public chauffeur, upon filing a claim for temporary total disability with the Illinois Industrial Commission, shall immediately surrender his restricted public chauffeur license to the department. Such restricted public chauffeur license shall remain surrendered for any period for which the chauffeur claims or receives benefits. Any restricted public chauffeur whose claim for benefits with the Illinois Industrial Commission is determined to be fraudulent, not credible, or otherwise not filed in good faith may have his public chauffeur license revoked.
(b) If any licensee fails to maintain required insurance, the Commissioner may immediately suspend the license's license and impose a fine of $300 per day of insurance lapse, in addition to all other applicable penalties, including a higher fine. If a licensee shows a pattern of failing to maintain required insurance, the Commissioner may revoke the license.
(Added Coun. J. 1-18-12, p. 19118, § 2; Amend Coun. J. 10-28-15, p. 11951, Art. VI, § 26; Amend Coun. J. 11-16-16, p. 37901, Art. II, § 25; Amend Coun. J. 11-21-17, p. 61755, Art. IX, § 27; Amend Coun. J. 6-25-21, p. 31925, Art. VI, § 7)