§ 31-5. Proof of owner's financial responsibility, prerequisite to permit issuance.

(a)

Wreckers having a gross vehicle weight of twenty-six thousand (26,000) pounds or less. Before any permit shall be issued under this chapter, the applicant or permit holder, as the case may be, shall file with the city secretary, a certificate of proof setting forth that said applicant or permit holder has in full force and effect, a policy of combined single limit coverage insurance, with limits of not less than three hundred thousand dollars ($300,000.00) per occurrence, and a cargo, on-hook or similar type insurance with limits of not less than ten thousand dollars ($10,000.00) per occurrence. Such policies of insurance shall be issued by an insurance company approved by the director, and authorized to do business in the State of Texas.

(b)

Wreckers having a gross vehicle weight of twenty-six thousand one (26,001) pounds or more. Though permits issued by the City of Pearland are not required for heavy-duty wreckers, said wreckers shall have in full force and effect a policy of combined single limit coverage insurance, with limits of not less than five hundred thousand dollars ($500,000.00) per occurrence, and a cargo on-hook or similar type insurance with limits of not less than twenty-five thousand dollars ($25,000.00) per occurrence.

(Ord. No. 374-1, § 1, 6-24-91)