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Insurance CateRory Minimum Limits <br /> Workers' Compensation Statutory minimum. <br /> <br /> Employer's Liability $1,000,000.00 per accident for <br /> bodily injury or disease. <br /> <br /> Commercial General Liability $1,000,000.00 per occurrence, <br /> $2,000,000.00 aggregate for <br /> bodily injury, personal injury and <br /> property damage. <br /> <br /> Automobile Liability $1,000,000.00 per accident, <br /> $2,000,000.00 aggregate for <br /> bodily injury and property <br /> damage (coverage required to the <br /> extent applicable to Contractor's <br /> vehicle usage in performing work <br /> hereunder). <br /> <br /> Any deductibles or self-insured retentions must be declared to, and approved by <br /> City. At the option of City either Contractor's insurer shall reduce or eliminate the <br /> deductibles or self-insured retentions with respect to City, its Council, <br /> com~nissions, boards, committees, officers, employees and agents or Contractor <br /> shall procure a bond guaranteeing payment of losses and related investigations, <br /> claim administration and defense expenses. <br /> <br /> Concurrently with the execution of this Agreement, Contractor shall furnish City <br /> with certificates and copies of information or declaration pages of the insurance <br /> required hereunder and, with respect to evidence of commercial general liability <br /> and automobile liability insurance coverage, original endorsements: <br /> <br /> a) Precluding cancellation or reduction in coverage before the expiration of <br /> thirty (30) days after City shall have received written notification of <br /> cancellation or reduction in coverage by certified mail, return receipt <br /> requested; <br /> <br /> b) Providing that Contractor's insurance shall apply separately to each insured <br /> against whom claim is made or suit is brought, except with respect to the <br /> limits of the insurer's liability (cross liability endorsements); <br /> <br /> c) Naming City, its Council, commissions, boards, committees, officers, <br /> employees and agents as additional insureds; and <br /> <br /> d) Providing that Contractor's insurance shall be primary insurance relating to <br /> Contractor's work hereunder with respect to City, its Council, commissions, <br /> boards, committees, officers, employees and Agents, and further providing <br /> that any insurance or self-insurance maintained by City for itself, its Council, <br /> commissions, boards, committees, officers, employees and agents shall not <br /> be excess of Contractor's insurance and shall not be contributory with it. <br /> <br />Agmt-497 (~ <br />flshlshlRClCouncil <br />FSX:jj <br />06/26/01 <br /> <br /> <br />