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4. Insurance. Owner will obtain and maintain for the duration of the Agreement <br /> and any and all amendments, insurance against claims for injuries to persons or damage to <br /> property which may arise out of or in connection with construction of the Improvements by <br /> Owner or Owner's agents, representatives, employees or subcontractors. The insurance will be <br /> obtained from an insurance carrier admitted and authorized to do business in the State of <br /> California. The insurance carrier is required to have a current BesYs Key Rating of not less than <br /> ��A-:V.�� <br /> 4.1 Coveraqes and Limits. Owner will maintain the types of coverages and <br /> minimum limits indicated below, unless Risk Manager or City Manager, in consultation <br /> with the City Attorney approves a lower amount. These minimum amounts of coverage <br /> will not constitute any limitations or cap on Owner's indemnification obligations under <br /> this Agreement. City, its officers, agents, volunteers and employees make no <br /> representation that the limits of the insurance specified to be carried by Owner pursuant <br /> to this Agreement are adequate to protect Owner. If Owner believes that any required <br /> insurance coverage is inadequate, Owner will obtain such additional insurance <br /> coverage, as Owner deems adequate, at Owner's sole expense. <br /> 4.1.1 Commercial General Liability Insurance. $1,000,000 combined single-limit <br /> per occurrence for bodily injury, personat injury and property damage. If the <br /> submitted policies contain aggregate limits, general aggregate limits will apply <br /> separately to the work under this Agreement or the general aggregate will be <br /> twice the required per occurrence lim it. <br /> 4.1.2 Automobile Liabilitv. $1,000,000 combined single-limit per accident for <br /> bodily injury and property damage. <br /> 4.1.3 Workers' Compensation and Emalover's Liabilitv. Workers' Compensation <br /> limits as required by the California Labor Code and Employer's Liability limits of <br /> $1,000,000 per accident for bodily injury. Workers' Compensation and <br /> Employer's Liability insurance will not be required if Owner has no employees <br /> and provides, to C ity's satisfaction, a declaration stati ng this. <br /> 4.2. Additional Provisions. Owner will ensure that the policies of insurance required <br /> under this Agreement contain, or are endorsed to contain, the f ollowing provisions: <br /> 4.2.1 For Commercial General Liability Insurance and Automobile Liability <br /> Insurance, City, its officers, agents, volunteers and employees will be named as <br /> additional insureds. <br /> 4.2.2 Owner will obtain occurrence coverage which will be written as claims- <br /> made coverage. <br /> ATTY/AGR/2012.070/134 MAPLE IMPROVEMENTAGREEMENT <br /> REV:06-04-12 VR <br /> Page 4 of 9 <br />