(a) Vehicles for hire that are subject to Chapter 1954 of the Tex. Insurance Code must comply with the requirements of that chapter at all times.
(b) Vehicles for hire that are not subject to Chapter 1954 of the Tex. Insurance Code must provide and maintain at all times insurance coverage that meets the minimum requirements of Chapter 1954 of the Tex. Insurance Code, or the requirements set forth in subsection (c).
(c) A vehicle for hire that is not subject to Chapter 1954 of the Tex. Insurance Code or elects to not maintain the insurance coverage meeting the requirements of Chapter 1954 of the Tex. Insurance Code, shall have in force, 24 hours, seven days a week the amount and character of insurance coverage for vehicles for hire as required by this subsection.
(1) The minimum insurance required under this subsection must:
a. Be obtained from a carrier that is admitted and licensed to transact insurance in the State of Texas or an eligible surplus lines insurer authorized under the laws of the State of Texas;
b. Be written on an occurrence basis;
c. Cover the vehicle for hire and any driver of the vehicle for hire;
d. Name the City of Fort Worth as an additional primary insured;
e. Provide minimum coverage in an amount no less than $500,000 combined single limit liability (CSL) per occurrence;
f. Provide that all claims will be paid on a first dollar basis by the insurance provider;
g. Not be obtained from an assigned risk pool; and
h. Not contain policy exclusions that would change or limit coverage for passengers entering or exiting the vehicle.
(2) All liability insurance coverage must include a rider that provides that at all levels of coverage there must be notification to the city in writing not less than 30 days before canceling or making a material change in the policy.
(3) A driver or licensee of a vehicle for hire shall not have operational control in any insurance company providing coverage to a vehicle for hire utilized by the driver or licensee.
(Ord. 22308-06-2016, § 1, passed 6-28-2016, eff. 10-1-2016)