(a) Before an ambulance permit is issued to operate an ambulance service in the city, the franchise holder shall procure and furnish to the director and shall thereafter keep in full force and effect the insurance coverage as required by the state.
(b) Every insurance policy shall insure all of the ambulances owned, leased, contracted for or controlled by the holder of such franchise and used in such ambulance service for which a franchise has been authorized. Such policy shall inure to the benefit of any person who shall be injured or who shall sustain damage to property caused by the operation of such vehicles.
(c) Every such policy of insurance shall be issued by an insurance company organized and existing under the laws of this state or having a legal right to do business in this state.
(d) The franchise holder shall keep current insurance certificates covering all of its vehicles on file with the director during the term of the franchise and shall cause current evidence of insurance for each of its vehicles to be kept in said vehicle. Insurance certificates and policies shall name the city as an additional insured, provide the city with at least 30 days notice of cancellation, nonpayment of premium, or non-renewal, and include a waiver of subrogation in favor of the city.
(2001 Code, sec. 42-57; Ordinance 37-2011, sec. 1(42-21), adopted 8/2/11)