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Acceptability of Insurers
<br />Insurance is to be placed with insurers authorized to conduct business in the state of California with
<br />a current A.M. Best rating of no less than A:VII, unless otherwise acceptable to City.
<br />Verification of Coverage
<br />Permittee shall furnish City with original Certificates of Insurance including all required amendatory
<br />endorsements (or copies of the applicable policy language effecting coverage required by this
<br />clause) and a copy of the Declarations and Endorsement Page of the CGL policy listing all policy
<br />endorsements to Entity before work begins. However, failure to obtain the required documents prior
<br />to the work beginning shall not waive Permittee's obligation to provide them. City reserves the right
<br />to require complete, certified copies of all required insurance policies, including endorsements
<br />required by these specifications, at any time.
<br />Claims Made Policies
<br />If any of the required policies provide coverage on a claims -made basis:
<br />1. The retroactive date must be shown and must be before the date of the contract or the beginning of
<br />work.
<br />2. Insurance must be maintained and evidence of insurance must be provided for at least three (3)
<br />years after completion of work.
<br />3. If coverage is canceled or non -renewed, and not replaced with another claims -made policy form
<br />with a retroactive date prior to the contract effective date, Company must purchase "extended
<br />reporting" coverage for a minimum of three (3) years after completion of work.
<br />Subcontractors
<br />Contractor shall require and verify that all sub -contractors maintain insurance meeting all
<br />the requirements stated herein, and Contractor shall ensure that City is an additional insured
<br />on insurance required from sub -contractors.
<br />Special Risks or Circumstances
<br />City reserves the right to modify these requirements, including limits, based on the nature of the risk,
<br />prior experience, insurer, coverage, or other special circumstances.
<br />7. INDEMNIFICATION
<br />Consultant agrees to defend, and shall indemnify and hold harmless the City, its officers, agents,
<br />employees, contractors, special counsel, and representatives from liability: (1) for personal injury,
<br />damages, just compensation, restitution, judicial or equitable relief arising out of claims for personal
<br />injury, including death, and claims for property damage, which may arise from the negligent operations
<br />of the Contractor, its subcontractors, agents, employees, or other persons acting on its behalf which relates
<br />to the services described in section 1 of this Agreement; and (2) from any claim that personal injury,
<br />damages, just compensation, restitution, judicial or equitable relief is due by reason of the terms of or
<br />effects arising from this Agreement. This indemnity and hold harmless agreement applies to all claims for
<br />damages, just compensation, restitution, judicial or equitable relief suffered, or alleged to have been
<br />suffered, by reason of the events referred to in this Section or by reason of the terms of, or effects, arising
<br />from this Agreement. The Consultant further agrees to indemnify, hold harmless, and pay all costs for the
<br />defense of the City, including fees and costs for special counsel to be selected by the City, regarding any
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