820.15  LIABILITY INSURANCE.
   (a)   No ambulance license shall be issued, nor shall such license be valid after issuance, nor shall any licensed ambulance be operated in the participating municipalities, unless there is at all times in force and effect insurance coverage, issued by an insurance company licensed to do business in the Commonwealth, for each and every ambulance owned or operated, or both, by or for the applicant or licensee. Such insurance coverage shall provide indemnification:
      (1)   For injury to or death of individuals in accidents resulting from any cause for which the owner of the ambulance would be liable on account of liability imposed on him or her by law, regardless of whether the ambulance was being driven by the owner or his or her agent, in the amount of one hundred thousand dollars/three hundred thousand dollars ($100,000/$300,000); and
      (2)   For the loss of or damage to the property of another, including personal property, under the circumstances, in the amount of fifty thousand dollars ($50,000).
   (b)   Such insurance policies or certificates thereof shall be submitted to the License Officer for approval prior to the issuance of each ambulance license. Satisfactory evidence that such insurance is at all times in force and effect shall be furnished to the License Officer in such form as he or she may specify.
   (c)   Every insurance policy required in this section shall contain a provision for continuing liability to the full amount thereof, notwithstanding any recovery thereon; a provision that the liability of the insurer shall not be affected by the insolvency or the bankruptcy of the insured; and a provision that until the policy is revoked, the insurance company will not be relieved from liability on account of nonpayment of premium, failure to renew a license at the end of the year or any act or omission of the named insured. Such policy of insurance shall be further conditioned on the payment of any judgment up to the limits of such policy, recovered against any person other than the owner or his or her agent or employee, who may operate the same with the consent or acquiescence of the owner.
   (d)   Every insurance policy required in this section shall extend for the period to be covered by the license applied for, and the insurer shall be obliged to give not less than ten days written notice to the License Officer and to the insured before any cancellation or termination of the policy earlier than its stated expiration date. Cancellation or other termination of such policy shall automatically revoke and terminate the licenses issued for the ambulances covered by such policy, unless another insurance policy complying with the provisions of this section is provided and is in effect at the time of such cancellation or termination.
(Ord. 17-82. Passed 8-25-82.)