Each applicant for the issuance of a scooter sharing license shall provide proof that the applicant has obtained commercial general liability insurance, with limits of not less than $5,000,000 per occurrence, for bodily injury, personal injury and property damage. The insurance policy shall: (1) be issued by an insurer authorized to insure in Illinois; (2) name the City of Chicago as additional insured on a primary, noncontributory basis for any liability arising directly or indirectly from the licensee's operations; and (3) include a provision requiring 30 days' advanced notice to the Commissioner prior to cancellation or lapse of the policy. A licensee shall maintain the insurance required under this section in full force and effect for the duration of the license term. In addition, the licensee shall: (i) indemnify, defend and hold harmless the City against any additional or uncovered third party claims arising out of or caused directly or indirectly by the licensee's scooter operations, including any claims against the City by any customer of the licensee, the licensee's employees or agents claiming injury or losses while operating the licensee's scooter which is alleged to have resulted in whole or in part from the condition of the public way; and (ii) cover the cost for any damage to the public way or other city property arising out of or caused by the licensee's scooter operations.
(Added Coun. J. 10-14-21, p. 37486, § 1)