PROPERTY REGISTRATION CHAMPIONS, LLC (PROCHAMPS)

Home Browse Search

CG 25 03 or 25 04) or the general aggregate limit shall be twice the required occurrence limit. If the Vendor maintains broader coverage and/or higher limits than the minimums shown above, the Entity requires and shall be entitled to the broader coverage and/or the higher limits maintained by the contractor. Any available insurance proceeds h excess of the specified minimum limits ofinsurance and coverage shall be available to the Entity. 2 Self -Insured Retentions Self -insured retentions must be declared to and approved by the Entity. The Entity may require theVendor to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policylanguage shall provide, or be endorsed to provide, that the self -insured retention may be satisfied by either the named insured or Entity. 3. Other Insurance Provisions The insurance policies are to contain, or be endorsed to contain, the following provisions: 4, Additional Insured Status The Entity, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL policy with respect to liability arising out of work or operations performed by or on behalf of the Vendor including materials, parts, or equipment furnished in connection with such work or operations. General liability coverage can be provided in the form of an endorsement b the Vendor's insurance at least as broad as ISO Form CG 20 10 11 85 or if not available, through the addition of both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 2037 if a later edition is used). 5. Primary Coverage For any claims related b this contract, the Vendor's insurance coverage shall be primary insurancecoverage at least as broad as ISO CG 20 01 04 13 as respects the Entity, its officers, officials, employees, and volunteers. Any insurance or self- insurance maintained by the Entity, its officers, officials, employees, or volunteers shall be excess of the Vendor's insurance and shall notcontribute with ii. 6. Notice of Cancellation Each insurance policy required above shall provide that coverage shall not be canceled, exceptwith notice to the Entity. 7. Acceptability of Insurers Insurance is to be placed with insurers authorized to conduct business h the state with a current A.M. Bests rating of no less than A:VII, unless otherwise acceptable to the Entity. RFQ: Foreclosure, Abandoned and Vacant Lots and Page619 Structures Registration Program Services