§ 588.17. Insurance Cancellation  


Latest version.
  • (a)

    The insurance policy or policies as provided in Section 588.15 must provide written notice to the cancellation by the insurer to the Director but this provision shall not be construed to waive any lawful notice which the insurer must give to the insured.

    (b)

    The insurance company and TNC shall provide notice of cancellation of insurance to the Director at least thirty (30) days prior to the day of cancellation and, at the time of cancellation, voluntarily surrender the TNC License for which the cancellation is effective. If the license is voluntarily surrendered, the Director may, upon the filing of proof of insurance required by Section 588.16, and its approval by the City Attorney, reinstate such license.

    (c)

    If a TNC fails to comply with the requirements of Section 588.17(b) prior to the Director receiving notice from the insurer of such cancellation, the Director may suspend the license of any TNC covered by said policy. If proof of insurance is given prior to the effective date of the suspension, the suspension can be waived by the Director.

    (d)

    Upon the effective date of the suspension, the TNC must surrender the license and cease operations in the City of Columbus immediately. The Director may reinstate such license upon the filing of proof of insurance required by Section 588.15, its approval by the City Attorney, and the payment of any fees required by reinstatement.

(Ord. No. 1376-2014, § 1, 7-21-2014; Ord. No. 3009-2015 , § 22, 1-11-2016; Ord. No. 0249-2016 , § 22, 1-25-2016)