§ 70-656. Insurance required.

No person for compensation shall recover, tow, or remove a motor vehicle or provide motor vehicle storage or otherwise function as a wrecker operator until that person maintains in effect an insurance policy which shall insure it for its liability at a minimum, as follows:

(1)

For each tow truck, combined single limit of $500,000.00; and

(2)

For garagekeeper's liability, not less than $50,000.00 for each loss covering perils of fire and explosion, theft of a motor vehicle and parts or contents, riot and civil commotion, vandalism, malicious mischief, and for on-hook protection; provided, however, that the requirement of this subsection may be adjusted, at the discretion of the chief of police, for an applicant who would propose to remove abandoned vehicles from the rights-of-way or public places of the city.

(Code 1986, § 109.07; Ord. No. 06-04, § 7, 3-7-2006; Ord. No. 08-17, § 1, 10-21-2008)