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Section 21-4 Liability insurance.
It shall be unlawful for any person to drive, use, or operate on the streets of the city any taxicab, bus, automobile, or any other motor vehicle for the carrying of persons for hire unless the automobile, taxi, bus or other motor vehicle is either: (a) Insured against liability for any injury to persons or property that may be caused by the operation or running of such vehicles, in the sums of fifty thousand dollars ($50,000.00) for injury to any one (1) person and three hundred thousand dollars ($300,000.00) combined single limit for the death or injury to more than one (1) person resulting from any one (1) accident, and one hundred thousand dollars ($100,000.00) for damage to personal property including baggage; the insurance shall be carried by some reputable insurance company authorized by the laws of Georgia to do business in this state, and a copy of the policy shall be filed with the chief of police, together with a receipted premium from the insurer, or its duly authorized agent, showing payment of the premium on the policy. The insurance policy must provide and stipulate therein that the insurer will give notice to the city of at least thirty (30) days before its termination or cancellation, for any reason, of the policy on the person insured; or (b) Furnishes evidence of a current certificate of self-insurance as issued by the State of Georgia Department of Revenue in accordance with O.C.G.A. 40-9-101, subsection (a)2 to be filed with the chief of police. (Ord. of 2-24-97, III)
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