§ 39-5-56. Insurance requirements for valet staging business license.

(a)

A person licensed under this division shall maintain, at a minimum and at its expense:

(1)

Commercial general liability insurance (broad form comprehensive) in the amounts of one million dollars ($1,000,000) for each occurrence and two million dollars ($2,000,000) in the aggregate, which shall name the City of Detroit as an additional insured;

(2)

Garage-keepers liability insurance in the amounts of one hundred thousand dollars ($100,000.00) for each occurrence and five hundred thousand dollars ($500,000.00) in the aggregate, which shall name the City of Detroit as an additional insured; and

(3)

Workers' compensation insurance covering employees.

(b)

Certificates of insurance that evidence the coverage required in subsection (a) of this section shall be filed with the Buildings, Safety Engineering, and Environmental Department Business License Center, and approved by the Corporation Counsel.

(c)

Each of the insurance contracts described in the certificate of insurance shall contain a clause requiring a ten (10) day notice of cancellation to the City prior to the cancellation of any insurance coverage.

(d)

Each of the insurance contracts described in the certificate of insurance required by this section shall include all valet parking attendants employed by the person or company licensed under this article.

(Ord. No. 24-10, § 1, 11-16-10)