§ 23-4. Insurance.

(a)

Indemnity for benefit of city . Any horse-drawn carriage company operating under this article shall hold the city, its officers, agents, servants, and employees, harmless against any and all liability, loss, damages, or expense which may accrue to the city by reason of negligence, default or misconduct of the company in connection with the rights granted to such company hereunder. The city shall be named as an additional insured on all public liability insurance instruments. Nothing in this article shall be considered to make the city, its officers, agents, servants, or employees liable for damages because of any negligent act or omission or commission by any horse-drawn carriage business or operation by the company of a horse-drawn carriage business or service, either in respect to injury to persons or with respect to damage to property which may be sustained.

(b)

Insurance for benefit of passengers and/or the general public . Any horse-drawn carriage company desiring a business license to do business shall give and maintain a policy of indemnity from an insurance company authorized to do business in the state for each vehicle in use as a horse-drawn carriage. The minimum coverage shall be $100,000.00 for bodily injury to any one person, $300,000.00 for injury to more than one person which are sustained in the same accident, and $25,000.00 for property damage resulting from one accident. The indemnity insurance shall insure to the benefit of any person who shall be injured or who shall sustain damage to property caused by the negligence of a horse-drawn carriage company, its servants, or agents.

(c)

Blanket policy . Any company or person operating a horse-drawn carriage in the city shall obtain a separate horse-drawn carriage policy of indemnity insurance, except where such company or person actually owns or holds legal title to more than horse-drawn carriage, in which event such company or person may give one policy of indemnity insurance covering all the horse-drawn carriages who may be jointly operating or doing business under a licensed horse-drawn carriage name.

(d)

Notice when policy of insurance is changed or voided . Before any policy of insurance required by this article is voided for any cause, nonpayment of premium or otherwise, notice thereof shall be given, in writing to the city clerk at least five days before the same shall take effect. Any change in the policy or insurer requires immediate notification in writing to the city clerk.

(Ord. No. 2017-12 , 12-18-2017)