Pedicab Business Insurance Affirmation - Nyc Department Of Consumer Affairs

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42 Broadway
PEDICAB BUSINESS
5th Floor
INSURANCE AFFIRMATION
New York, NY 10004
Dial 311
Business Name: _________________________________________________
(212-NEW-YORK)
Business Address: _______________________________________________
nyc.gov/consumers
I, _____________________________________, am an/the (circle one) owner of
(Owner Name)
______________________________________________________ and I am
(Company Name, hereafter Company)
authorized to execute this affirmation on behalf of Company and all owners of the
Company.
Please read carefully. Initial each paragraph and sign the affirmation.
_______ I have read section 20-253 of the New York City Administrative Code
(“the Code”) and I understand that I am required to maintain liability insurance
coverage during the full term of my pedicab business license for the amounts
stated in the Code. I understand that it is my responsibility to read my
insurance policy to make sure that it complies with section 20-253 of the Code.
_______ I understand that my insurance policy must cover all drivers
authorized to operate my pedicabs including, if applicable, pedicab drivers who
lease or rent my pedicabs, pedicab drivers engaged as independent
contractors, pedicab drivers under age 21, pedicab drivers who possess a
foreign motor vehicle driver license, and pedicab drivers with moving vehicle
violations.
_______ I have submitted to the Department a copy of my insurance policy
that is and will be in full force and effect during this license period and that
meets all the requirements under the pedicab law. If my insurance policy is not
available when I submit my application, I will submit it as soon as I receive it
from my insurance company, but no later than 90 days after submitting my
license renewal application. I understand that failure to timely submit my
insurance policy may result in the voiding of my pedicab business license and
registration plates.
_______ I understand that my pedicab business license and registration plates
will become void if my insurance lapses for any reason. I also understand that
operation of my pedicab(s) without the required insurance may result in seizure
of my pedicab(s), revocation of my license, and fines.

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