No ambulance franchise shall be issued under this subchapter, nor shall such franchise be valid after issuance, nor shall any ambulance be operated in the county unless there is at all times in force and effect either insurance coverage issued by an insurance company licensed to do business in this state, or a bond with personal or corporate surety, for each ambulance owned and/or operated by or for the ambulance service, providing for the payment of damages in the following sums:
(A) In the minimum sum of $1,000,000 for injury to or death of one individual and a minimum of $1,000,000 per accident in accidents resulting from any cause for which the owner of such vehicle would be liable on account of liability imposed on him by law, regardless of whether the ambulance was being driven by the owner or his agency.
(B) In the minimum sum of $500,000 for the loss of or damage to the property of another, including personal property, under like circumstances, in sums as may be required by the state or as approved by the county.
(C) The franchisee shall hold harmless and indemnify the county, form and against any and all liabilities, costs, damages, expenses, and attorney’s fees resulting from or attributable to any and all acts and omissions of the franchisee. All franchisees shall maintain an errors and omissions policy in an amount not less than $1,000,000. To the extent that any such liabilities, costs, damages, expenses, and attorney’s fees are compensated for by insurance, the franchisee shall not be required to reimburse the county or the insurer for the same.
(Ord. passed 7-6-1999; Ord. 2022-16, passed 6-20-2022)