CASE AVENUE ASSOCIATES - Laserfiche WebLink

10. Tn~ur nce. Developer shall provide, or cause to be provided, the following: a. A Certificate of Insurance issued to the City providing proof of Workers' .Compensation and Policy Number. b. A Certificate of Insurance showing the amount of General Liability and Property Damage coverage with Insurance coverage of at least the following amounts: C;FNFRAT~ T,TARTT~TTY General Bodily Injury - $5,000,000 Per Occurrence General Property Damage - $ 500,000 Per Occurrence Combined Single Limit on Bodily Injury and Property Damage Liability - $5,000,000 A 7TOMORTT~R T,TARTT~TTY Bodily Injury Property Damage Combined Single Limit Damage Liability - $2,500,000 Per Person/ $5,000,000 Per Occurrence - $ 500,000 Per Occurrence on Bodily Injury and Property - $5,000,000. All insurance companies affording coverage shall be required to add the City as "insured" under the insurance policy for all work performed in accordance with this Agreement. All insurance companies affording coverage shall be insurance organizations authorized by the Insurance Commissioner of the State Department of Insurance to transact business of insurance in the State of California with a Best's rating of not less than A minus (A-):VII. All insurance companies affording coverage shall provide thirty-day (30) written notice to the City should the policy be canceled before the expiration date. For the purposes of this notice requirement, any material change in the policy prior to the expiration shall be considered a cancellation. Developer shall provide, or cause to be provided, evidence of compliance with the insurance requirements listed above by providing a certificate of insurance, in a form satisfactory to the City Attorney, concurrently with the submittal of this Agreement. Developer shall provide, or cause to be provided, a substitute certificate of insurance no later than thirty (30) days prior to the policy expiration date. Failure to provide 4