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<br />Insurance Category <br /> <br />Minimum Limits <br /> <br />Workers' Compensation <br /> <br />Statutory minimum. <br /> <br />Employer's Liability <br /> <br />$1,000,000.00 per accident for bodily <br />injury or disease. <br /> <br />Commercial General Liability <br /> <br />$1,000,000.00 per occurrence, $2,000,000 <br />aggregate for bodily injury, personal <br />injury and property damage. <br /> <br />Automobile Liability <br /> <br />$1,000,000.00 per accident, $2,000,000 <br />aggregate for bodily injury and property <br />damage (coverage required to the extent <br />applicable to Contractor's vehicle usage in <br />performing work hereunder). <br /> <br />Any deductibles or self-insured retention must be declared to, and approved by City. At the <br />option of City either Contractor's insurer shall reduce or eliminate the deductibles or self- <br />insured retention with respect to City, its Council, commissions, boards, committees, officers, <br />employees and agents or Contractor shall procure a bond guaranteeing payment of losses and <br />related investigations, claim administration and defense expenses. <br /> <br />Concurrently with the execution of this Agreement, Contractor shall furnish City with <br />certificates and copies of information or declaration pages of the insurance required hereunder <br />and, with respect to evidence of commercial general liability and automobile liability <br />insurance coverage, original endorsements: <br /> <br />a) Precluding cancellation or reduction in coverage before the expiration of thirty (30) days <br />after City shall have received written notification of cancellation or reduction in <br />coverage by first class mail, postage prepaid; <br /> <br />b) Providing that Contractor's insurance shall apply separately to each insured against <br />whom claim is made or suit is brought, except with respect to the limits of the insurer's <br />liability (cross liability endorsements); <br /> <br />c) Naming City, its Council, commissions, boards, committees, officers, employees and <br />agents as additional insureds; and <br /> <br />Agmt-443 <br />F:shared/Redwood/CounciJ <br />FXS:djk <br />02/12/01 <br /> <br />7 <br />