Before receiving a permit for installation of a pay telephone which encroaches on a public right-of-way an applicant shall provide the City of Bayonne with a certificate of liability insurance naming the City of Bayonne as an additional insured in limits of at least $1,000,000 for each occurrence at no cost to the City of Bayonne. The Zoning Officer may require the removal of any pay telephone installed pursuant to this section for failure to maintain the required liability insurance hereunder.