§ 10-3.2. Conditions of Motor Vehicle Liability Policy Amounts.  


Latest version.
  • The motor vehicle liability policy required under the provisions of subsection 10-3.1 of this section shall insure the owner, as defined herein, and any other person using or responsible for the use of any such vehicle, with the consent, express or implied, of such owner, against loss from the liability imposed upon such owner by law for injury to, or death of, any person, or damage to property growing out of the maintenance, operation or ownership of any such public motor vehicle, to the amount or limit of one hundred thousand ($100,000.00) dollars on account of injury to or death of any one (1) person, and subject to the same limit as respects injury to or death of one (1) person, of four hundred thousand ($400,000.00) dollars on account of any one (1) accident resulting in injury to or death of more than one (1) person, and of twenty-five thousand ($25,000.00) dollars for damage to property of others, resulting from any one (1) accident. The vehicle liability policy shall inure to the benefit of any and all persons suffering loss or damage either to person or property, as herein provided, and the liability of the insurance carrier shall be in no manner abrogated or abated by the death of the tort feasor and/or the owner.

(Ord. No. 693 N.S.; Ord. No. 1895 N.S.)