§ 7.85.240. Liability insurance.  


Latest version.
  • As a condition of the business license and prior to commencing operations, any person required to be licensed under this chapter and intending to transport on the rights-of-way of the county as provided in this chapter shall file with the director and thereafter maintain liability insurance, as long as required to be licensed and intending to transport in the county, in such form as approved by the county's risk manager, insuring the licensee against all risk arising from the operations of the licensee for not less than two million dollars per occurrence for bodily injury or death, and two million dollars per occurrence for loss or damage to property.

    All policies of insurance required under this section shall be issued by insurance companies licensed to do business in the state of Nevada in accordance with applicable sections of Nevada Revised Statutes Title 57, from carriers having a rating from A.M. Best Company of no less than A-VIII. Proof of coverage shall be evidenced by submitting an insurance certificate, or certificates, to the director, which names the county as an additional insured and indicates that the county will be notified no less than thirty days prior to alteration, cancellation, termination or nonrenewal of coverage.

(Ord. 2503 § 1 (part), 2000)