§ 12-166. Certificate—Insurance requirement.

(a)

All applicants for Class A and Class B certificates of transportation are required to maintain insurance coverage. A Class B chauffeur in the employ of an individual, partnership, association or corporation who is covered under the insurance policies of the individual, partnership, association or corporation shall not be required to comply with the provisions of this section so long as the individual, partnership, association or corporation employing him meets the requirements of this section and the individual, partnership, association or corporation employing him has a valid Class A certificate of transportation issued in accordance with the provisions of this article.

(b)

Before any certificates are issued to conduct operations, the motor carrier shall file evidence of insurance with the community development director providing for public liability and property damage coverage on each motor vehicle to be operated in the following amounts:

(1)

Taxicab. Not less than $25,000.00 per person and $50,000.00 per incident as to public liability, and property damage coverage in an amount not less than $25,000.00.

(2)

Limousine. Not less than $50,000.00 per person and $100,000.00 per incident as to public liability, and property damage coverage in an amount not less than $50,000.00.

(3)

Van. Not less than $100,000.00 per person and $300,000.00 per incident as to public liability, and property damage coverage in an amount not less than $100,000.00.

(c)

Evidence of insurance shall be executed and filed with the community development director by the insurance carrier in a form or forms acceptable to the community development director. The insurance carrier or company shall qualify as an insurance company authorized to transact business in the state. At a minimum, the evidence of insurance shall show:

(1)

The type and amount of coverage;

(2)

The effective date of the coverage; and

(3)

The effective radius of the coverage.

(d)

The insurance coverage required hereunder shall be effective throughout the area served by the applicant. No certificate shall be issued prior to the effective date of the coverage. Such insurance shall be kept in full force and effect by the certificate holder at all times. Failure to have same in full force and effect shall immediately and automatically suspend all certificates issued hereunder, until evidence of compliance with this section has been filed in the proper form and amounts as herein provided. Such insurance shall provide that the certificate holder's insurance coverage may neither expire nor be canceled prior to 30 days after the board receives written notice of the expiration or cancellation from the insurance carrier.

(e)

A motor carrier may qualify for a portion of the required insurance under this section in an amount not to exceed $50,000.00 by obtaining a certificate of self-insurance from the state department of highway safety and motor vehicles, pursuant to F.S. ch. 324. Copies of the self-insurance certificate and all reports required by the state department of highway safety and motor vehicles shall be delivered by the motor carrier to the board.

(Code 1982, § 1-13.3-21; Ord. No. 96-08, pt. A, 5-6-1996)