(1) The owner or operator of every Taxicab is to procure liability and property damage insurance covering passengers as well as other persons, from a company licensed to write bodily injury liability and property damage liability insurance in the state, on each Taxicab used or to be used in transporting persons for compensation in an amount not less than $100,000.00 for any recovery for personal injury by one person, and not less than $300,000.00 for all persons receiving personal injury, by reason of one act of negligence, and, not less than $50,000.00 for damage to property of any person other than the insured, and maintain such liability and property damage insurance in force on each motor-propelled vehicle while so used under such license. A $500,000.00 combined single limit policy may be substituted.

(2) TNCs and all affiliated TNC Drivers shall comply with the automobile liability insurance requirements contained in RCW Chapter 48.177 as enacted or subsequently amended.

(3) A certificate for each insurance policy required herein shall be filed with the License Officer and kept in full force and effect, and failure so to do shall be cause for the revocation of the license. (Ord. 17-10 §8, 2017).