5.08.500 Insurance – Amounts.
The policy of insurance required before a taxicab operator’s license can be issued shall insure the public against any loss or damage that may result to any person or property from the operation of any taxicab used by the taxicab operator in his business as such. The maximum amount of recovery in such policy shall not be less than the following sums:
(1) For the injuries to any one person or the death of any one person in any one accident, $10,000;
(2) For the injuries to two or more persons, or the death of two or more persons, or for injuries to one person or more, and the death of one person or more in any one accident, $20,000; and
(3) For the injury or destruction of property in any one accident, $5,000. (Ord. 505 § 3. 2002 Code § 6-21.12).