Section 13-208 Liability insurance prerequisite to license.

Every person licensed to engage in the activities of a waste hauler shall maintain during the time the license is in effect liability insurance in the amount of not less than five hundred thousand dollars ($500,000.00) combined single limit for any one occurrence and not less than one hundred fifty thousand dollars ($150,000.00) per individual, covering both bodily injury, including accidental death, and property damage, to cover all claims arising from waste hauler activities. No license to engage in the activities of a waste hauler shall be issued unless the applicant provides the business license administrator a certificate of insurance prepared by the insurance company which includes a provision requiring the city to be notified within ten (10) days of cancellation of the policy.