It shall be unlawful for any owner or operator to drive or operate a taxicab or limousine in the city and no license for the operation thereof shall be granted unless and until there is on file with the Director of Police Services and in full force and effect at all times while such taxicab is being operated, a policy of insurance approved by the City Attorney, with a solvent and responsible company authorized to do business in the state, insuring the owner and operator of such vehicle (such vehicle being designated by number and state license number) and the city (as co-insured to the extent of any insurable interest, obligations or risk of the city) against loss by reason of injury or damage that may result to person or property from the faulty or negligent operation or defective construction or condition of such vehicle or from any other cause whatsoever.
('64 Code, § 22-35) (Ord. 163, passed 12-20-60) Penalty, see § 10.97
Statutory reference:
Requiring owners of vehicles for hire to be able to respond to damages, see Cal. Veh. Code § 16500