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immunize the City, or its officers, agents or employees, from potential liability for any alleged <br /> acts or omissions under this Section 17.3,then such rights or obligations of indemnity hereunder <br /> shall be governed by principles of comparative fault. <br /> 18. Insurance. <br /> 18.1 Developer shall, before the release of said final map by City for recordation, <br /> obtain and maintain in full force and effect until City acceptance of the Improvements and the <br /> expiration of the warranty period as set forth in this Agreement,at Developer's own expense and <br /> risk, Worker's Compensation, a general comprehensive liability insurance policy, and owned, <br /> non-owned, and hired automobile liability insurance. The xninimum amounts of coverage <br /> corresponding to the afaresaid categories of insurance per insurable event sha11 be as follows: <br /> Insurance Cate� Minimum Limits <br /> Workers'Compensation Statutory minimum. <br /> Employer's Liability $1,000,000.00 per accident for bodily injury or disease. <br /> Commercial General Liability $1,000,000.00 per occurrence,$2,000,000.00 aggregate for <br /> bodily injury,personal injury and property damage. <br /> Automobile Liability $2,000,0OO.OQ per occurrence for bodily injury and property <br /> damage(coverage required to the extent applicable to <br /> Contractor's vehicle usage in performing work hereunder). <br /> 18.2 Any deductibles or self-insured retentions must be declared to, and approved by <br /> City. At the option of City either Developer's insurer shall reduce or eliminate the deductibles or <br /> self-insured retentions with respect to City, iYs Council, commissions, boards, committees, <br /> officers,employees and agents or Developer shall procure a bond guaranteeing payment of losses <br /> and related investigations,claim administration and defense expenses. <br /> 18.3 Concurrently with the execution of this Agreement,Developer shall furnish City <br /> with certificates and copies of information or declaration pages of the insurance required <br /> hereunder and, with respect to evidence of commercial general liability and automobile liability <br /> insurance coverage,original endorsements: <br /> (a) Precludi.ng cancellation or reduction in coverage before the <br /> expiration of thiriy(30)days after City shall have received written notification of <br /> cancellation or reduction in coverage by first class mail,postage prepaid; <br /> (b) Providing that Developer's insurance shall apply separately to <br /> each insured against whom claim is made or suit is brought, except with respect <br /> to the limits of the insurer's liability(cross liability endorsements); <br /> (c) Naxning City, its Council, commissions, boards, committees, <br /> officers,employees and agents as additional insureds;and <br /> REV:03-31-14 VR <br /> Page 8 of 21 <br /> ATTY/AGR.2014.045/Indigo 525 Middlefield-Improvement Agreement <br />