Sec. 5-15.08. Insurance.
   It shall be unlawful for any owner to operate an ambulance, or cause or permit an ambulance to be driven or operated, and no certificate for such operation shall be granted unless there is on file with the City Clerk and in full force and effect at all times while such ambulance is being operated a policy of insurance, approved by the City, issued by a company authorized to do business in the State, insuring the owner of such ambulance against loss by reason of injuries or damages which may result to persons or property from the negligent operation or defective construction of such ambulance or from the violation of the provisions of this chapter or of any other law of the State or the United States. Such policy shall be in a sum of not less than One Hundred Thousand and no/100ths ($100,000.00) Dollars for personal injuries to, or the death of, any one person in any single accident and Five Hundred Thousand and no/ 100ths ($500,000.00) Dollars on account of personal injuries to, or the death of, two (2) or more persons in any one accident, and the limits on each such vehicle shall not be less than One Hundred Thousand and no/100ths ($100,000.00) Dollars for damages to, or the destruction of, property in any one accident. Such insurance as is afforded in such policy shall apply to the City and to the following individuals as additional insureds:
   (a)   To the City of Thousand Oaks and to each city within the ambulance service area; and
   (b)   To the officers and employees thereof while acting within the scope of their duties.
   Such policy shall contain an endorsement providing that the policy of insurance will not be canceled until notice in writing shall have been given to the City Clerk, City of Thousand Oaks, 1429 Thousand Oaks Boulevard, Thousand Oaks, California 91360, at least thirty (30) days prior to the time such cancellation shall become effective.
   The owner shall forthwith replace a canceled policy with another policy as set forth in this section. Each insurance policy shall provide that there shall be a continuing liability notwithstanding any recovery.
(§ 1, Ord. 185-NS, eff. February 4, 1971)