(A) An applicant must submit with the application for a permit a policy of public liability and property damage insurance as provided in this section. The policy of public liability and property damage insurance shall be issued by an insurance company authorized to do business in the state and in the standard form approved by the Board of Insurance Commissioners of the State of Texas. The coverage provision shall insure the public from loss or damage that may arise to any person or property by reason of the operation of a wrecker of the applicant and shall provide that the amount of recovery on each wrecker shall be in limits of not less than the following sums:
(1) For damages arising out of bodily injury to or death of one person in any one accident: $100,000;
(2) For damages arising out of bodily injury to or death of two or more persons in any one accident: $300,000;
(3) For injury to or destruction of property in any one accident: $50,000; and
(4) For injury to persons or destruction of property in any one accident arising out of the towing of a vehicle containing toxic or hazardous chemicals: $750,000.
(B) The policy mentioned in division (A) above shall contain a provision providing for 30 days notice to the Director in the event of any material change or cancellation of the policy.
(C) Where a police wrecker service is concerned, the policy mentioned in division (A) above shall expressly provide that neither the police wrecker service operator nor his or her insurer will seek to avoid liability on the grounds that the police wrecker service operator was engaged in the exercise of a governmental function.
(D) All wrecker service operators who have storage yard shall carry sufficient insurance to cover theft and vandalism from the storage yards to an amount satisfactory to the Director of the Department of Public Safety.
(2005 Code, § 6-4-5) Penalty, see § 10.99