Insurance requirements.

Memphis Code of Ordinances § 6-28-17

in effect

Sec. 6-28-17. - Insurance requirements. A. On or before the effective date of a franchise granted hereunder, grantee shall file with the city a certificate of insurance and thereafter maintain in full force and effect at all times for the full term of the franchise, at the expense of grantee, a comprehensive general liability insurance policy, including underground property damage coverage, naming the city as additional insured, written by a company authorized to do business in the state, protecting the city against liability for loss or bodily injury and property damage occasioned by the installation, removal, maintenance or operation of the communications system by grantee in the following minimum amounts: 1. $500,000.00 combined single limit, bodily injury and for real property damage in any one occurrence. 2. $2,000,000.00 aggregate. B. Grantee shall also file with the city a certificate of insurance for a comprehensive automobile liability insurance policy written by a company authorized to do business in the state, for all owned, nonowned, hired and leased vehicles operated by grantee, with limits no less than $1,000,000.00 each accident, single limit, bodily injury and property damage combined, or evidence of self-insurance. C. Grantee shall also maintain and specifically agrees that it will maintain throughout the term of the franchise, workers compensation and employers liability, valid in the state, in the minimum amount of the statutory limit for workers' compensation. D. All liability insurance required pursuant to this section shall kept in full force and effect by grantee during the existence of the franchise and until after the removal of all poles, wires, cables, underground conduits, manholes and any other conductors and fixtures installed by grantee incident to the maintenance and operation of the communications system as defined in this chapter. All policies shall be endorsed to give the city 30 days' written notice of the intent to amend or cancel by either grantee or the insuring company. (Code 1985, § 10-153; Ord. No. 4398, § 18, 11-19-1996)

Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/code_of_ordinances?nodeId=TIT6BULIRE_CH6-28FIOPTEREFR_S6-28-17INREFetched: 10/28/2026