A license shall not be issued or renewed unless the applicant has, in full force and effect, liability insurance coverage for each vehicle authorized and comprehensive general liability insurance in the amount of $100,000 for bodily injury to any one person and $300,000 for injuries to more than one person which are sustained in the same accident; and $50,000 for property damage resulting in any one accident. The amounts for liability insurance are available for public inspection at the town offices during normal business hours. The insurance shall issue to the benefit of any person injured or who shall sustain damage to property proximately caused by the negligence of the applicant, his servants or agents. The liability insurance shall be written by a responsible insurance company authorized to do business in the state, and a current certificate of insurance shall be filed with the initial application and with each renewal thereof.
('80 Code, § 5.24.020 F.) (Ord. 7-1978, passed - -78) Penalty, see § 10.99
Cross-reference:
Fee schedule, see § 11.101