Upon approval of a police rotation list permit, no tow service shall be added to the police rotation list until the permit holder has deposited with the Chief of Police or designee proof of the following liability coverage:
(A) Garage liability policy. A garage liability policy covering the operation of the licensee’s business equipment, or other vehicles for any bodily injury or property damage. This policy shall be in the minimum of $100,000 for any one person injured or killed and a minimum of $300,000 for more than one person killed or injured in any accident and an additional $50,000 for property damage.
(B) Garage keeper’s policy. A garage keeper’s legal liability policy for each storage premises covering fire, theft, windstorm, vandalism and explosion in the amount of $100,000 ($20,000 per claim per vehicle).
(C) Notice of change. Each policy required under this section must contain an endorsement by carriers providing ten days’ notice to both the city and the insured in the event of any change in coverage under the policy.
(Ord. No. 07-16, passed 2-8-2007)