No operator's permit shall be issued, and no operator's permit shall be valid, unless the permittee has and maintains in full force and effect at the permittee's own cost and expense the following insurance coverage:
A. Workers' compensation insurance coverage as required by California statutes with policy limit of at least one million dollars ($1,000,000.00) per occurrence. In the event the operator is self-insured, he or she shall furnish a certificate of permission to self-insure by the department of industrial relations administration of self-insurance, Sacramento, and evidence of at least one million dollars ($1,000,000.00) per occurrence excess workers' compensation limit combined with the self-insurance retention.
B. Comprehensive auto and general liability insurance, including products and completed operation liability, broad form property damage liability, contractual liability, and personal injury liability. The amount of the policy shall be no less than one million dollars ($1,000,000.00) single limit per occurrence, issued by an admitted insurer or insurers as de-fined by the California Insurance Code, providing that the city, its officers, employees and agents are to be named as additional insureds under the policy. The policy shall stipulate that this insurance will operate as primary insurance and that no other insurance effected by the city or other named insured will be called on to contribute to a loss covered thereunder.
Said policies shall provide that no cancellation, change in coverage, or expiration by the insurance company or the insured shall occur during the term of this contract, without thirty (30) days written notice to the city prior to the effective date of such cancellation or change in coverage. The permittee shall have the city's standard certificate of insurance completed and filed with the city's risk management and insurance division prior to issuance of any permit and prior to engaging in any operation or activity authorized by the permit. (Prior code § 25.12.259)