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IOWA CITY TAXICAB ADMINISTRATIVE RULE # AR-4
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IOWA CITY TAXICAB ADMINISTRATIVE RULE # AR - 4
Administrative Rule for Metered and Network Insurance set by the Risk Manager
Date: March 27, 2025
1. The minimum limits for taxicabs liability insurance are a "combined" liability amount and shall also comply with all state and federal requirements if greater:
a. "Combined" Liability Amount
To cover the insured's liability for bodily injury or death of one or more persons as a result of any one accident or other cause, and to cover the insured's liability for damage to or destruction of property other than that of the
insured as a result of any one accident or other cause, One Million Dollars
($1,000,000.00) combined. If the taxicab has more than ten seats, the insured's liability for bodily injury shall be Two Million Dollars $2,000,000.00). 2. The minimum limits for pedicabs and horse-drawn vehicle operator's liability
insurance are a "combined" liability amount and shall also comply with all state and
federal requirements if greater: a. "Combined" Liability Amount
To cover the insured's liability for bodily injury or death of one or more persons
as a result of any one accident or other cause, and to cover the insured's liability for damage to or destruction of property other than that of the insured as a result of any one accident or other cause, Two Hundred Fifty Thousand Dollars ($250,000.00) combined.
3. The Risk Manager must approve the insurance certificate showing amounts and carrier annually. Transactions during the year with the same existing companies and carriers will be reviewed by the City Clerk for compliance.