A. At all times during the term of a taxicab vehicle permit issued pursuant to this chapter, the taxicab vehicle permittee or the taxicab vehicle association to which the taxicab is registered shall continuously maintain in full force and effect automobile liability insurance that covers that taxicab and its drivers. The insurance shall:
1. Be issued by an insurer licensed to do business in California;
2. Provide coverage at least as broad as ISO Form CA 00 01 for bodily injury, including the death of one or more persons, property damage, and personal injury;
3. Provide a combined single limit of not less than five hundred thousand dollars ($500,000.00) per accident; and
4. Cover all losses and damages as specified in Section 5.136.260.
B. No person shall operate a taxicab without the insurance coverage required by this section.
C. Violation of this section, shall be grounds for immediate revocation of the taxicab vehicle permit pursuant to Section 5.136.700(B). (Ord. 2013-0002 § 2)