(a) Each applicant shall furnish proof of a valid and current liability insurance policy. The minimum coverage of said insurance policy shall be five hundred thousand dollars ($500,000.00) for property damage and bodily injury.. Any insurance policy that is revoked or expires without renewal shall suspend the certificate of registration until the policy is reinstated. The Village shall receive at least ten (10) days written notice prior to the expiration or cancellation of any insurance policy issued pursuant to this section and the terms of the policy shall specify such required written notice prior to expiration or cancellation.
(b) Performance of work within the public right-of-way or on any Village owned property, such insurance policy shall name the Village of Monroeville as the Additional Insured
(Ord. 2007-27. Passed 11-13-07.)