No person shall operate or permit an ATV or golf cart owned or controlled by him or her to be driven or operated on any street or roadway in the City unless there is in full force and effect a insurance policy insuring against loss resulting from liability for injury and property damage sustained by any person arising out of the ownership, maintenance, operation or use of such vehicle.
(A) The limits of liability, exclusive of interest and costs, with respect to the vehicle for which coverage is hereby required, shall be not less than $30,000 because of bodily injury to one person in any one accident and, subject to said limit for one person, of not less than $60,000 because of injury to two or more persons in any one accident, and, if the accident has resulted in injury to or destruction of property, of not less than $10,000 because of such injury to or destruction of property of others in any one accident.
(B) A certificate of insurance shall be filed with the City contemporaneously with the filing of an application.