Las Vegas Municipal Code § 6.08.490 Liability insurance required.
6.08.490 - Liability insurance required.
(A) As a condition of and prior to commencing business operations, any person required to have a business license or franchise or both a business license and franchise under this Chapter and intending to transport on the rights-of-ways or air space of the City as provided in this Chapter shall file with the Franchise Officer and thereafter maintain liability insurance, as long as required to be licensed or franchised or both licensed and franchised and intending to transport in the City, in such form as approved by the City's risk manager, insuring the licensee or franchisee against all risk arising from the operations of the licensee or franchisee 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.
(B) 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 Franchise Officer. Each such certificate must name the City as an additional insured and indicate that the City will be notified no less than thirty days prior to alteration, cancellation, termination or non-renewal of coverage.
(Ord. No. 6901, § 21, 5-7-25; Ord. 5260 § 50, 2000)