§ 6.80.140. Liability insurance required.

A.

No license to operate a wrecker service shall be issued, become effective or continue in force and effect unless there is in full force and effect a liability insurance policy covering the licensee and his towing and wrecker operation with not less than a three hundred thousand dollar single limit. Such liability insurance policy shall be with an insurance company authorized to do business in Tennessee and approved by the commission and shall be filed with the secretary of the commission.

B.

In addition to the requirements in subsection A of this section, the applicant for a license, prior to the issuance and effective date thereof, shall take out and maintain during the term of the license a policy of garage keeper's legal liability insurance covering fire, theft, explosion and collision in an amount of not less than fifty thousand dollars.

C.

The liability insurance policies required in this section shall name the metropolitan government as an additional insured.

D.

Those licensed to operate a wrecker service shall comply with the insurance requirements contained in Section 6.80.145 if they make nonconsent tows.

(Ord. BL2000-247 § 5 (part), 2000; Ord. 96-612 § 1 (part), 1996)