Each registrant shall maintain in full force and effect a commercial general liability insurance policy reasonably acceptable to the city with a minimum policy limit of one million dollars ($1,000,000) per occurrence and shall provide the city with a certificate of insurance evidencing the insurance policy required by this section. The certificate shall state that the insurance policy shall not be canceled or non-renewed until after thirty (30) days’ notice has been provided to the city; however, insurance may be canceled and replaced with a policy that continues to meet the requirements of this section. A registrant may satisfy the insurance requirements and conditions of this section under a reasonably acceptable self-insurance plan. The city reserves the right to impose reasonable additional insurance requirements as part of a franchise agreement.
(Ord. 2018-11-01, passed 12-13-18)